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Gautam Adani's Empire "Deeply Overleveraged," Warns New Report
Indian billionaire Gautam Adani's ports-to-power conglomerate is "deeply overleveraged," with the group investing aggressively across existing as well as new businesses, predominantly funded with debt, CreditSights, a Fitch Group unit, said.
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China Challenge: Getting Poor Migrant Workers To Buy Vacant Homes
Rattled by the potential economic fallout from millions of unsold homes, China wants migrant workers to buy properties in smaller cities and ease the burden on a real estate sector that makes up about 15 percent of the country's economic growth.
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Gautam Adani's Empire "Deeply Overleveraged," Warns New Report
Indian billionaire Gautam Adani's ports-to-power conglomerate is "deeply overleveraged," with the group investing aggressively across existing as well as new businesses, predominantly funded with debt, CreditSights, a Fitch Group unit, said.
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China Challenge: Getting Poor Migrant Workers To Buy Vacant Homes
Rattled by the potential economic fallout from millions of unsold homes, China wants migrant workers to buy properties in smaller cities and ease the burden on a real estate sector that makes up about 15 percent of the country's economic growth.
