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The Adani Group Scandal: What You Need to Know!

Patrick Boyle On Finance

CHAPTER

Adani's Debt Crisis Is a Big Deal for India's Stock Market

This scandal has arrived at a big moment for India. Its economy is thriving, it's about to become the world's most populous nation and it shares the G20 group of leading economies. The Adani group's ability to keep raising money and service its debt is an open question right now. MSCI announced on Wednesday that they're set to change their index weightings for Adani group stocks after reviewing how many shares can be freely traded.

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