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Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

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The Adani Group is entering new and unrelated businesses, which are highly capital intensive, raising concerns over execution oversight.

P R Sanjai and Bhuma Shrivastava | Bloomberg
Billionaire Gautam Adani’s ports-to-power conglomerate is “deeply overleveraged,” with the group investing aggressively across existing as well as new businesses,

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First Published: Aug 23 2022 | 12:56 PM IST

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