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

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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.