Moody's changes rating outlook on 7 Adani companies

Trouble mounts for Gautam Adani as Moody's downgrades ratings of 7 companies to…, stocks witness heavy…
After bribery charges by U.S. authorities, rating agency Moody's downgraded the ratings of seven Adani Group companies, including
Adani shares in red as Moody's downgrades outlook for seven group companies
The Adani Group faced another major setback Tuesday (Nov 26) as global ratings agency Moody's revised the outlook for seven of the group entities from ‘stable’ to 'negative'. The group companies that have been placed on the list are Adani Green Energy,
US Bribery Scandal: Moody’s Slashes Rating Outlook On 7 Adani Companies From Stable To Negative
US prosecutors have indicted Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies.
More trouble for Adani Group: Moody's changes rating outlook on 7 Adani companies to negative
Moody's has revised its outlook for Adani Group companies. The US bribery scandal and Gautam Adani's indictment triggered the action. Several Adani companies face a negative outlook.
More trouble for Adani Group as Moody's downgrades rating for 7 firms
The downgrade comes in the wake of legal troubles involving Gautam Adani, the chairman of Adani Group, and his associates after charges of bribery by US authorities.

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