Adani bonds flash warnings even as $153 billion stock rout eases
The Adani Group has also cut expenses and made early debt repayment to alleviate a rout that has erased $153 billion from its stocks since US-based Hindenburg Research’s fraud allegations, which it has denied. The following indicators will likely prove key to money managers’ decisions on the conglomerate, as its crisis of confidence continues to unfold.
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