Adani Group cites cash pile to ease Hindenburg-led concerns
Edited By WION Video Desk
Published: Aug 20, 2024, 05:30 IST | Updated: Aug 20, 2024, 05:30 IST
Adani group is considering new funding for its flagship firm; the conglomerate has taken action to allay fears about its liquidity risk. The group said it has sufficient cash on hand to satisfy debt payments for over 30 months. This comes as the Hindenburg controversy is turning messy by the day, with the SEBI chief now in the crosshairs.
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