Fitch takes negative rating actions on Adani Group entities amid US bribery scandal
- Posted on November 26, 2024
- By Business News Today
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Fitch takes negative rating actions on Adani Group entities amid US bribery scandal
Fitch has placed several Adani Group infrastructure entities and bonds under negative rating watch, following the indictment of key executives in the U.S. on bribery charges. Entities like Adani Ports, North Queensland Export Terminal, and Mumbai International Airport are at risk of downgrades.