Tag: M&G investments

Adani group's cash generation ability underappreciated, says M&G

Adani group's cash generation ability underappreciated, says M&G

[ad_1] Billionaire Gautam Adani’s group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments (Singapore) Pte. “The businesses Adani is incubating and operating in — ports, airports, rail, logistics — they are real businesses that generate cash,” Vikas Pershad, a […]

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