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Adani Group Touts Cash Pile to Ease Hindenburg-Fueled Concerns

Adani Group said it has enough cash to cover more than 30 months of debt payments, in a move aimed at alleviating concerns about its liquidity risk as the Indian conglomerate contemplates fresh fundraising for its flagship unit.


  • Aug 19 2024
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Adani Group Touts Cash Pile to Ease Hindenburg-Fueled Concerns
Adani Group Touts Cash Pile to Ease Hindenburg-Fueled Concerns
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Read More

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