News > CreditSights finds errors in debt report on India's Adani Group firms
CreditSights finds errors in debt report on India's Adani Group firms
The Hindu | 08/09/2022 08:47 PM | Click to read full article
Fitch Group unit CreditSights said it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by India's richest person, Gautam Adani, following a conversation with the management.
CreditSights's report late last month calling the conglomerate "deeply overleveraged" and flagging other risks had sent shares of many Adani companies down.