Brokerage Nomura has said the Adani Group is the “most attractive” among the Indian Investment Grade corporates. In a report released this week, Nomura also said the group will be able to withstand recent turmoil brought on by allegations in an indictment by the US Department of Justice. It also said there were “no signs of stress” across the Adani Groupwhich last month firmly denied the US government department report alleging bribery for power contracts.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
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