Tuesday, December 3

Mumbai: Yields on bonds issued by the Adani Group soared to record highs in overseas markets after Citibank joined Credit Suisse in refusing the group’s securities as loan collateral.Prices of multiple bonds issued by different companies of the Adani Group fell sharply on Thursday, a day after flagship Adani Enterprises dramatically announced the withdrawal of its follow-on public offer (FPO) worth ₹20,000 crore late Wednesday…
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