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Andhra Pradesh mulls next steps on Adani

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,

Business Today on MSN · 2h

Will Andhra govt pull the plug on Adani power contract? State FM says 'digging into all files'

The US indictment alleges that Adani and seven others paid $265 million in bribes to Indian officials between 2021 and 2022 to secure solar power-supply contracts across multiple states, including Andhra Pradesh.

Business Standard · 5h

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Adani, India

Reuters · 19h

Breakingviews: Adani presents India with big financing ultimatum

The country’s government may need to nudge local lenders to support the growth of the billionaire’s infrastructure conglomerate.

Bloomberg L.P. · 4d

Adani Indictment Taints India’s Green Pitch to the World

A US indictment threatens Indian tycoon Gautam Adani’s efforts to redefine himself as a clean-power champion and secure overseas financing for projects vital to the nation’s energy transition.

MarketWatch · 20h

TotalEnergies' Statement on its Investments Related to Adani Group in India

Until such time when the accusations against the Adani group individuals and their consequences have been clarified, TotalEnergies will not make any new financial contribution as part of its investments in the Adani group of companies.

15h

India’s Adani Group Mess Is Terribly Timed For Modi’s Economy

News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...

15hon MSN

TotalEnergies pauses investments in India's Adani Group after bribery charges

French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate ...

Business Recorder4m

Fitch puts some Adani bonds on negative watch after US bribery charges

Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after US authorities indicted some key ...

18hon MSN

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him ...

21h

Vedanta to proceed with dollar bond sale in first post-Adani India credit test

Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were ...

2don MSN

Adani's indictment: How one of India's biggest empires descended into chaos

The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra ...

Upstream1h

TotalEnergies to pause any new ‘financial contribution’ to Adani Group investments

TotalEnergies' decision to halt further investments in Adani Group companies follows billionaire Gautam Adani’s recent ...

3don MSN

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...

Adani Bribery Charges Add to Quebec Pension’s India Nightmare

US bribery charges against Indian billionaire Gautam Adani have ensnared one of Canada’s largest public pension managers, ...

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Andhra Pradesh mulls next steps on Adani

Adani, India

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