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Fitch Cuts Adani Energy's Outlook
Mint Mumbai
|March 11, 2025
Fitch Ratings cut the outlook on Adani Energy Solutions Ltd to negative on concerns that US investigations could reveal that the group's corporate governance practices are weaker than its expectation.
The US indictment may lead to "negative rating action in the near to medium term" for Adani Energy, according to a statement by Fitch dated 9 March.
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