Adani crisis deepens with Moody’s downgrades and index weighting cuts
NEW DELHI/SYDNEY/NEW YORK, Feb 10 – Moody’s downgraded on Friday the ratings outlook for some Adani Group companies, while MSCI said it would cut the weightings of some in its stock indexes, the latest blows for the Indian conglomerate plunged into crisis by a short-seller’s report. New York-based […]