Adani Group Faces Fitch Downgrade: Impact on Bonds, Governance, and Investor Confidence
The Adani Group, one of India’s largest conglomerates, has recently come under scrutiny following Fitch Ratings’ decision to downgrade the outlook for several of its entities. Fitch highlighted concerns over governance issues, rising funding costs, and accessibility to capital, placing certain bonds on “rating watch negative.” Key entities such as Adani Ports, Adani Energy Solutions,