Nearly two-thirds of Adani's debt is from overseas sources such as bonds or foreign banks, according to a report by global brokerage Jefferies. Until now, the group has mostly raised funds by ...
Outlining the group's liquidity position, the note said, "Adani portfolio is companies ... leaving very little dependency on external debt. Further, at the portfolio level, there is very low ...
The Sri Lankan government has started talks with India's Adani Group to lower the cost of power from two wind power projects ...
Indian conglomerate Adani Group's port project in Sri Lanka ... still teetering after an unprecedented crisis and foreign debt default in 2022. The port project has an estimated cost of $700 ...
In January 2023, Hindenburg released a report on the Adani Group and flagged debt and accounting concerns. It claimed that the Indian conglomerate "has engaged in a brazen stock manipulation and ...
Of course, nobody—not even the media—read the address like this, because the “red meat” headline was the President’s directive to immediately cancel the Adani Group’s privately ...
Sri Lanka has revoked a power purchase agreement with Adani Group’s renewable energy unit ... in the US last year that brought some of its foreign projects under fresh scrutiny.
It accused the Adani Group of pulling “the largest con in corporate history” by using a web of companies in tax havens to inflate its revenue and manipulate stock prices, even as debt piled up.