Suvashree Ghosh & Abhishek Vishnoi, Bloomberg
Suvashree Ghosh & Abhishek Vishnoi, Bloomberg
6 February 2023
Money in the Market: Adani's empire in crisis - what should you watch out for?
The stock rout in Gautam Adani’s indebted conglomerate has entered a third week. And the continued selloff is indicating growing concerns about the conglomerate’s access to funding after Adani Enterprises shelved a key bond sale plan, less than a week after it abruptly abandoned a record domestic stock offering. On Money in the Market, Hongbin Jeong spoke to Suvashree Ghosh, Finance Reporter for APAC and Abhishek Vishnoi, Senior Reporter for Equities from Bloomberg to find out what’s happening in the Adani saga and how much the turmoil has impacted markets.
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