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- by rediff.com
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Fitch removes Adani Energy from rating watch, first upgrade since US indictment
Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment.
Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.