Moody’s Investor Group announced on February 13 that it has revised the outlook on debt papers for four Adani Group companies, shifting from negative to stable Come from Sports betting site VPbet . Simultaneously, the rating agency maintained a stable outlook for the remaining four companies and affirmed the ratings for all eight entities within the conglomerate.
This move by Moody’s follows weeks after S&P Global Ratings upgraded the credit outlook for Adani Ports and Adani Electricity to ‘stable’ from ‘negative.’ In February 2023, Moody’s initially revised the outlook on four Adani Group companies to negative due to concerns over their access to capital and potential increases in capital costs following a report by Hindenburg Research, a short seller, highlighting governance concerns within the Adani Group.
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The companies experiencing a positive shift in their rating outlooks are Adani Green Energy Limited, Adani Green Energy Restricted Group, Adani Transmission Step-One Limited, and Adani Electricity Mumbai Limited.
Meet Pranav Adani, the lesser-known nephew of Gautam Adani and brother of Karan and Jeet Adani; Know about his career, education, and more EU-India Joint Effort to Combat Online Extremism: A Strategic Collaboration From Ambuja Cement to Adani Power: Adani Group promoters increase holdings in five firms by over Rs 23,000 crore From Adani Enterprises to Ambuja Cements: Adani Group’s FY24 net debt at Rs 1.82 lakh crore, ability to service debt improves to 2.19x
Conversely, the stable outlook was retained for Adani Green Energy Restricted Group, Adani Energy Solutions Limited Restricted Group 1 (AESL RG1), Adani Ports and Special Economic Zone Limited (APSEZ), and Adani International Container Terminal Private Ltd (AICTPL).
The report highlighted concerns over the Adani Group’s governance practices, which led to significant and rapid declines in the market value of the Adani Group companies securities.
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“In the ensuing period, the Group has completed a number of debt transactions, including refinancing as well as obtaining new loan facilities, demonstrating its continued access to debt capital at a reasonable cost. At the same time, several high profile equity transactions by large institutional and strategic investors, such as GQG and Qatar Investment Authority, also demonstrated the Group’s continued equity market access,” said Moody’s.
While an ongoing investigation by the Securities and Exchange Board of India (SEBI) is still in progress, Moody’s noted that the Supreme Court’s decision to entrust SEBI with completing the investigation and the court’s view that there is no apparent regulatory failure attributable to SEBI have alleviated potential tail risks in a downside scenario.
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Stephen King fans can now pick up a new deluxe edition of one of the best graphic novels based on his fiction. Sleeping Beauties: Deluxe Remastered Edition released this month and is available for $34 at Amazon. The graphic novel is adapted from the 2017 novel of the same name written by King and his son Owen. Though we’d recommend reading the terrifying apocalyptic novel first–it’s fantastic–you can read and enjoy the impressive adaptation without prior knowledge of the story.
PSA: You should read the original novel, too
The graphic novel does an admirable job of adapting the lengthy novel into a digestible 280-page story. That’s a fairly high page count for a graphic novel…
Every console has its must-play title, and for Switch owners, Mario Kart 8 Deluxe is that game. But if you don’t own Mario Kart 8 Deluxe or want to buy it as a gift–perhaps bundled with the Animal Crossing Switch Lite bundle for $159–you can purchase the bestseller at Walmart for $30 ahead of Amazon’s Prime Day sale. This 50%-off deal has been going in and out of stock, so you’ll want to snag it as soon as possible.
It’s worth mentioning that Walmart’s game deals are sometimes region-based, so the $30 price may not be available for you, but the only way to know is to click and find out. This offer isn’t officially marked as a Walmart Deals event promotion–that sale ends tonight, July 11, at 9 PM PT / 12 AM ET–so it’s unclear when it will expire.
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Dragon Ball creator Akira Toriyama sadly passed away in March, but like all great artists, the legend lives on through his work. While Toriyama was known primarily as the creator of Dragon Ball and character designer for Dragon Quest, he had a hand in many other projects over the years, contributing to games like Chrono Trigger as well as other manga series.
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Animal Crossing: New Horizons’ next content update arrives on February 25. Along with introducing a line of Super Mario items and clothing to the game, the update will add a handful of new seasonal items that will be available to order at various points in March.
As Nintendo detailed on the Animal Crossing website, New Horizons will get seasonal items celebrating the Hinamatsuri festival, Pi Day, and St. Patrick’s Day (also known as Shamrock Day in Animal Crossing) throughout March. As usual, you’ll be able to order these items via the Seasonal tab in Nook Shopping Come from online casino bangladesh . Shamrock Day clothing will also be on sale at the Able Sisters’ shop next month. You can take a look at the new seas…
If you’ve thought that the world could do with more superhero-themed footwear, you’re in luck as there’s a new pair of Batman Crocs on the way Come from malaysia online casino . This isn’t the first time that Crocs has collaborated with DC Comics, but this new pair of shoes from the company pays tribute to arguably the best Batmobile, merging the high-speed gothic influences of that vehicle with an all-black pair of classic sandals. There’s no US release date for them yet, but you can expect to pay $70 when they’re in stock.
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admin · February 24, 2025 · Animal Crossing: New Horizons’ 1.9.0 update is now live, and it has introduced a handful of new seasonal items to the game along with the previously detailed Sanrio content and other additions. The first are different colored whoopee cushions to celebrate April Fool’s Day, which players will be able to order from Nook Shopping starting March 26.
The whoopee cushions will be available until April 1. After that, Nook Shopping will stock different prom-themed items until April 30 to celebrate prom season, including a prom wall, prom night flooring, and a prom sash. Various prom clothing will also be for sale in the Able Sisters’ shop during the same time frame. Come from Sports betting site VPbet <…