Agency News

⚡Global Ratings Revises Outlook on Adani Ports, Adani Electricity to Negative

By PTI

S&P Global Ratings on Friday revised outlook on Adani Ports and Adani Electricity to negative from stable while affirming the rating. A US short-seller report alleging significant governance issues for the Adani Group, many of which relate to disclosures and actions at the shareholder level, has triggered a sharp fall in Adani Group entities' equity and bond prices.

Read Full Story