Adani stock rout worsens on Moody’s, Fitch’s ‘-ve outlook’ – Times of India
MUMBAI: After global ratings majors Moody’s and Fitch revised downwards their outlooks on several Adani group stocks due to governance risks, group companies’ stocks witnessed a fresh bout of intense selling on Tuesday. As a result, the Gujarat-headquartered conglomerate has now fallen to the sixth rank among the most valued business groups in India, down…