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Distressed funds including Oaktree scoop up Adani bonds
Distressed funds including Oaktree scoop up Adani bonds
Across the board, there are signs of pressure easing following Hindenburg’s allegations that the group had inflated revenue and stock prices, which Adani has repeatedly denied. Adani Enterprises Ltd., the flagship company, finished up nearly 15% on Tuesday, leading gains as other related stocks also rose.
Across the board, there are signs of pressure easing following Hindenburg’s allegations that the group had inflated revenue and stock prices, which Adani has repeatedly denied. Adani Enterprises Ltd., the flagship company, finished up nearly 15% on Tuesday, leading gains as other related stocks also rose.