World’s second-biggest fortune fails to halt rout in Adani bonds
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The diverging moves suggest that high debt poses risks to Adani’s success story that saw his net worth, as measured by the Bloomberg Billionaires Index, shoot up to trail only Elon Musk’s.
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The gains in Indian equities defied the weakness in other Asian markets, which fell as rare protests in major Chinese cities against strict zero-Covid curbs raised concerns about the growth implications for the world's second-largest economy. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9YsL6IJ via IFTTT
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