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Factbox-Major fallout for India's Adani Group
Factbox-Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
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 Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.
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 and seven of his associates with securities fraud.
19h
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 ...
23h
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 ...
Yahoo
3d
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
The stock prices of six of his 10 listed companies rose slightly, between 1% to nearly 4%.
Adani
, a major power player in ...
U.S. News & World Report
5d
India's Adani Group Sees $22 Billion in Value Wiped off After US Indictments
including his nephew Sagar
Adani
, agreed to pay about $265 million in bribes to Indian government officials to obtain ...
3d
on MSN
India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
8h
on MSN
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 ...
energy.economictimes.indiatimes
2h
Adani Green issues clarification on TotalEnergies’ statement; says no material impact on growth plan
Adani Green Energy (AGEL) on Tuesday issued an official clarification in connection with TotalEnergies’ statement on its ...
10h
Adani Shares Drew Retail Investors Just Before US Probe Pullback
India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities ...
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United States
Narendra Modi
TotalEnergies
U.S. Securities and Exchange Commission
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