Moody’s to evaluate Adani Group’s governance amid bribery allegations

Moody’s Ratings has put the Adani Group’s governance practices under scrutiny following bribery allegations against chairman Gautam Adani. US prosecutors allege Adani’s involvement in a $250 million bribery scheme to secure favorable solar contracts. Moody’s is assessing the conglomerate’s capital access and liquidity in light of these developments.