Fitch Says No Immediate Impact On Adani Ratings Following Short-Seller Report
Ratings agency Fitch said on Friday it saw no immediate impact on its ratings of Adani Group entities and their securities, following U.S. short-seller Hindenburg Research's report last week. Hindenburg's scathing attack on the conglomerate questioned the firm's debt levels and use of tax havens, but the Group has called the report baseless and affirmed its financials are strong.
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Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.
