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Where does Gautam Adani Go From Here? Part 1

The Morning Brief

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Is the Debt Market Still Anxious?

The debt market is still anxious that perhaps we're staring at a downgrade, he says. "There's a huge reassessment going on," the Indian businessman adds. Fitch was more or less positive while Moody's was neutral with some cautionary note. The bonds are still trading at distress levels and nobody wants to catch a falling knife as they say.

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