Debt-funded acquisitions can put pressure on Adani group ratings: S&P
Richest Indian Gautam Adani's group, which has grown on acquisitions, has fairly solid fundamentals but debt-funded future acquisitions can start putting pressure on ratings, S&P Global Ratings said on Thursday. Starting out as a commodities trader in 1988, the Adani group has diversified from mines, ports and power plants into airports, data centres and defence. Read more
Govt decides to put restrictions on export of wheat flour to curb prices
The government on Thursday decided to put restrictions on the export of wheat or meslin flour to