The Adani group is ‘deeply overleveraged’, cautions CreditSights
The group’s investments in existing and unrelated new businesses come with a high risk and could spiral out of control, the report says
23 August, 2022•3 min
0
23 August, 2022•3 min
0
More in Business
Business
Exclusive: Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
You may also like
Business
Anil Ambani owes his gravy train ride to apathy, leniency
Multiple institutions have failed in their duty to pursue the litany of cases against Ambani and his companies. This has facilitated a comeback that should never have been
Business
Adani is blazing the trail in India's coal comeback
Adani Power has boldly taken on the mantle of coal power's comeback in the country. But in doing so, it faces critical risks around asset obsolescence and climate misalignment.
Business
Anil Ambani’s comeback is anything but one
The return to profitability and the deleveraging at Reliance Power and Reliance Infra are not what they’re cracked up to be. Plus, as their promoter, his past continues to haunt the two surviving group companies.