https://indianexpress.com/article/explained/everyday-explainers/explained-fitch-says-adani-is-over-leveraged-what-does-over-leveraging-mean-in-business/
The Adani Group is “deeply over leveraged”, and may, “in the worst-case scenario”, spiral into a debt trap and possibly a default, Bloomberg, quoting CreditSights, has reported. When is a company ‘over leveraged’? What can happen to it?
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