{"id":551901,"date":"2023-02-02T09:57:29","date_gmt":"2023-02-02T04:27:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=551901"},"modified":"2023-02-02T10:30:14","modified_gmt":"2023-02-02T05:00:14","slug":"gautam-adani-in-crisis-as-bonds-hits-distressed-levels-stock-sale-axed","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gautam-adani-in-crisis-as-bonds-hits-distressed-levels-stock-sale-axed\/","title":{"rendered":"Gautam Adani in crisis as bonds hits distressed levels, stock sale axed"},"content":{"rendered":"<p>Gautam Adani\u2019s beleaguered empire is spiraling into crisis, as the fallout from a short-seller\u2019s fraud allegations leads to a worsening meltdown in the indebted conglomerate\u2019s securities.<\/p>\n<p>Bonds of the Indian billionaire\u2019s flagship firm plunged to distressed levels in US trading, and the company abruptly pulled a record domestic stock offering after the Adani group suffered a $92 billion market crash. Banks either want more collateral for loans, or are scrutinizing the value of the company\u2019s debt to lend against.<\/p>\n<p>The question now is what Adani will do to prevent the turmoil from getting out of control, especially after the setback with the stock offering, which would have been India\u2019s largest and further raise his global profile.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani\u2019s beleaguered empire is spiraling into crisis, as the fallout from a short-seller\u2019s fraud allegations leads to a worsening meltdown in the indebted conglomerate\u2019s securities. Bonds of the Indian billionaire\u2019s flagship firm plunged to distressed levels in US trading, and the company abruptly pulled a record domestic stock offering after the Adani group suffered a $92 billion market crash. Banks either want more collateral for loans, or are scrutinizing the value of the company\u2019s debt to lend against. The question now is what Adani will do to prevent the turmoil from getting out of control, especially after the setback [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-551901","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=551901"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/551901\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=551901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=551901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=551901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}