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Gautam Adani’s empire is ‘deeply overleveraged,’ Fitch report warns – EQ Mag Pro

NEW DELHI : Billionaire Gautam Adani’s ports-to-power conglomerate is “deeply overleveraged,” with the group investing aggressively across existing as well as new businesses, predominantly funded with debt, CreditSights, a Fitch Group unit, said in a report. The aggressive expansion pursued by the Adani Group, led by Asia’s richest person, has put pressure on its credit […]

Gujarat’s Masali Becomes India’s First ‘Solar Village’ In Ind-Pak Border Area Banaskantha – EQ