While all rating firms still maintain that the Adani entities have the ability to meet payment schedules, changing perceptions could immediately tighten liquidity for the capital-intensive group that has deployed funds in long-gestation infrastructure projects.
US stocks: S&P 500 notches record-high close as rate-hike worries ease
The S&P 500 has hit a historic peak, largely influenced by a surge in technology stocks. With producer price inflation showing stability, expectations of a