S&P Ratings says US allegations may renew questions on governance practices at Adani
- Posted on November 22, 2024
- By Business News Today
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S&P Ratings says US allegations may renew questions on governance practices at Adani
S&P Global Ratings warns that the US indictment of Adani Group's founder Gautam Adani over bribery allegations could harm the conglomerate's reputation and financial standing. The indictment has already impacted Adani Group's stock and bond prices, leading to cancelled bond sales.