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2024

Crisil Ratings confident of Adani Group's financial flexibility to weather US bribery storm

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Crisil Ratings has maintained a positive outlook on the Adani Group, citing its financial flexibility and business strength despite bribery charges against top executives in the US. This follows recent downgrades by agencies like Fitch and Moody's. Earlier this month, the US Department of Justice and SEC issued an indictment and civil complaint against Gautam Adani and other Adani Green Energy officials.