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Adani Bribery Charges Rocking India
Adani Group Says It Lost Nearly $55 Bn As US Charges Sparked Rout
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
India's Opposition Protests Against Billionaire Facing US Bribery and Fraud Charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government
Adani power deal under scrutiny
Indian parliament suspended again in row over U.S. accusations against Adani
India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.
India's Andhra Pradesh Mulls Next Steps on Adani, if Power Deal Can Be Scrapped
India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,
Adani power deal under scrutiny: Andhra official
Both the Telugu Desam Party and the state government have discussed this, TDP spokesperson and chairman of the state biodiversity board N Vijaya Kumar said.
2h
‘Adios Adani!’ Bribery charges threaten group’s Africa ambitions
Amenya also criticised Adani for submitting a “privately initiated proposal” for the airport concession, rather than ...
23m
Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives
Adani Green Energy Ltd (AGEL) said in a statement today that the DoJ indictment does not include these executives in any ...
Bloomberg L.P.
7h
Gautam Adani Not Charged With Violating US FCPA, Group Says
Indian billionaire Gautam
Adani
and his aides have not been charged under the US Foreign Corrupt Practices Act, an
Adani
...
abp LIVE
14m
Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor ...
The Pioneer
14m
Adani Group firms rally in morning trade; Adani Energy climbs nearly 8 pc
Shares of all Adani Group firms were trading in the green during the morning trade on Wednesday, with Adani Energy climbing ...
1d
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...
2h
Gautam Adani, Sagar Adani, Vneet Jaain Clear Of Bribery Charges: Adani Group On US Allegations
Adani Group chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain are clear of any bribery charges ...
1h
Adani Group Stocks Rebound Following Clarification From Adani Green Energy On US Bribery Charges; WHY?
Adani Group stocks gained momentum in Wednesday’s trade, climbing up to 7%, after the group clarified allegations concerning ...
59m
on MSN
Gautam Adani not charged with FCPA, only securities violations involving penalties: Adani Group
In a stock exchange filing, Adani Green Energy Ltd -- which is at the centre of the bribery allegations -- said reports ...
23h
on MSN
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
The New Indian Express
4h
Adani shares fall after group firms’ rating downgrades
NEW DELHI: All 10 listed companies of the
Adani
Group
closed in the red on Tuesday following the recent US indictment of ...
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