ADANI CRISIS IGNITES INDIA CONTAGION FEARS, CREDIT WARNINGS

Sat 04 February 2023: Financial contagion fears spread in India on Friday as Adani Group’s crisis worsened, with ratings agency Moody’s warning the conglomerate may struggle to raise capital and S&P cutting the outlook on two of its businesses. Chaotic scenes in both houses of India’s parliament led to their adjournment on Friday as some … Continue reading ADANI CRISIS IGNITES INDIA CONTAGION FEARS, CREDIT WARNINGS