S&P Global Downgrades Outlook on Adani Group Entities Amid Bribery Allegations

S&P Global Ratings has downgraded the outlook for key Adani Group companies—Adani Ports and SEZ Ltd, Adani Green Energy Ltd (AGEL RG2), and Adani Electricity Mumbai Ltd—to “negative.” The decision stems from concerns about governance, funding access, and cash flow stability following bribery allegations against founder Gautam Adani in the United States. The charges accuse … Continue reading S&P Global Downgrades Outlook on Adani Group Entities Amid Bribery Allegations