Moody’s to evaluate Adani Group’s governance amid bribery allegations
Posted on by
Moody’s Ratings has put the Adani Group’s governance practices under scrutiny following bribery allegations against chairman Gautam Adani. US prosecutors allege Adani’s involvement in a $250 million bribery scheme to secure favorable solar contracts. Moody’s is assessing the conglomerate’s capital access and liquidity in light of these developments.
Waaree Energies Ltd has received significant interest in its IPO, with 8.78 times subscriptions by the second day. Non-institutional investors showed strong demand, and anchor […]
Nifty 50 companies reported single-digit net profit growth for the second consecutive quarter in Q2 FY25, primarily due to weakness in the commodities sector. However, […]
The Telecom Regulatory Authority of India (Trai) and the Department of Telecom have disconnected over 1 crore mobile connections to tackle pesky callers and fraudsters. […]
