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Tuesday, November 26, 2024

Adani may find it tough to tap foreign funding: Investor GQG

GQG Partners, a major investor in Adani Group, warns that US bribery allegations against Gautam Adani could hinder the conglomerate's access to international funding. While Indian banks continue lending, GQG notes any negative government action could significantly impact the group. The US indictment alleges Adani Green employees, including Gautam Adani, bribed Indian officials for solar contracts, impacting subsequent fundraising efforts.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/WVH6jOg

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