State govt doesn’t have info on Adani’s TN visit: RTI reply
3 weeks ago

State govt doesn’t have info on Adani’s TN visit: RTI reply

Hindustan Times  

The Tamil Nadu government on Wednesday said it does not have information regarding Adani Group’s founder- chairman Gautam Adani’s visit to Chennai in July in response to an RTI query regarding officials the industrialist in the city, people familiar with the matter said. A Chennai-based anti-corruption organisation, Arappor Iyakkam, had filed the RTI on December 10 addressed to the directorate of information and public relations if they have a list of public servants who met Gautam Adani in Chennai on July 9 and 10 A Chennai-based anti-corruption organisation, Arappor Iyakkam, had filed the RTI on December 10 addressed to the directorate of information and public relations if they have a list of public servants who met Adani in Chennai on July 9 and 10. But it is very surprising that they do not have any information about which public servants Gautam Adani met,” Arappor said in a statement. “Have Gautam Adani’s meetings been held secretly without the press and public relations department knowing?” This comes amid chief minister M K Stalin refuting allegations that he had met Adani in Chennai in July.

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History of this topic

Can’t cancel deal with Adani sans evidence: Naidu
6 days, 12 hours ago

Can’t cancel deal with Adani sans evidence: Naidu

Hindustan Times  

Hyderabad: Andhra Pradesh chief minister N Chandrababu Naidu has said his government cannot unilaterally cancel solar power purchase agreements signed by the previous administration, despite a US federal bribery indictment against billionaire Gautam Adani and his company over allegations connected to the contract. Naidu cited legal complexities surrounding the 7,000-megawatt solar power contract signed with the Solar Energy Corporation of …

Chandrababu Naidu says action only after 'concrete proof' in Adani case: Sources
1 week ago

Chandrababu Naidu says action only after 'concrete proof' in Adani case: Sources

India Today  

Andhra Pradesh Chief Minister N Chandrababu Naidu has stressed that more proof was needed to take concrete action in connection with bribery allegations involving Adani Green Energy Ltd and the previous YS Jagan Mohan Reddy government, sources said. The allegations stem from court filings by the US Securities and Exchange Commission, which mentions an alleged meeting between Gautam Adani and …

Tamil Nadu cancels smart meter tender awarded to Adani Energy Solutions
Trending News
1 week ago

Tamil Nadu cancels smart meter tender awarded to Adani Energy Solutions

Deccan Chronicle  

The Tamil Nadu Power Distribution Corporation has cancelled a global tender floated for procuring smart meters, citing the high cost quoted by Adani Energy Solutions Ltd.The tenders were floated as four packages in August 2023 for providing the smart meters under the central government's revamped distribution sector scheme.AESL, a BSE-listed firm was the lowest bidder for package 1 of the …

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal
3 weeks ago

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal

The Hindu  

Bangladesh’s interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi, according to documents seen by Reuters. Adani Group has called the U.S. allegations “baseless.” Tax Exemptions Adani Power’s Godda plant runs off imported coal and was built to serve Bangladesh. …

Adani deal under bribery scrutiny was approved against officials’ advice
3 weeks, 1 day ago

Adani deal under bribery scrutiny was approved against officials’ advice

The Hindu  

The approach from the Solar Energy Corporation of India on September 15, 2021 came out of the blue. Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the State had no short-term need for solar power, and should focus on other renewables that could provide 24-hour energy. The news agency spoke to a former State power …

Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny
3 weeks, 1 day ago

Adani-Andhra Deal Approved Against Officials' Advice, Under Bribery Scrutiny

Deccan Chronicle  

The approach from the Solar Energy Corporation of India on Sept. 15, 2021 came out of the blue. The federal agency, tasked with developing the solar sector, wanted to know if the southeastern state of Andhra Pradesh would like to sign India's largest renewables contract.Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the state had …

Cancel pact with SECI, CPI secretary writes to CM Chandrababu Naidu
3 weeks, 4 days ago

Cancel pact with SECI, CPI secretary writes to CM Chandrababu Naidu

New Indian Express  

VIJAYAWADA: CPI State secretary K Ramakrishna on Saturday wrote a letter to Chief Minister N Chandrababu Naidu, urging him to find ways to cancel the agreement for 7000 MW with Solar Energy Corporation of India. In the letter, he stated that when it was crystal clear from the reports of intelligence agencies in the USA that Adani Group bribed former …

‘Did not meet Adani’: Stalin in TN assembly
4 weeks, 1 day ago

‘Did not meet Adani’: Stalin in TN assembly

Hindustan Times  

Chief Minister MK Stalin on Tuesday asserted that he did not meet Adani Group’s founder-chairman, Gautam Adani in Chennai. MK Stalin’s comments comes in the wake of the billionaire industrialist being indicted by a US court for bribery of Indian government officials in various states including Tamil Nadu “Adani did not come to meet me. He further said: “Electricity minister …

CM Stalin did not meet Adani, opposition raising baseless allegations: Minister Balaji
1 month ago

CM Stalin did not meet Adani, opposition raising baseless allegations: Minister Balaji

New Indian Express  

CHENNAI: Chief Minister MK Stalin did not meet with Adani Group chairman Gautam Adani, said Minister for Electricity V Senthil Balaji said on Friday in an attempt to put an end to allegations raised by opposition parties that the business tycoon met with the top brass of the DMK during a closely kept visit to Chennai in July. In a …

No deal signed with Adani, MK Stalin never met him: Tamil Nadu minister Balaji
1 month ago

No deal signed with Adani, MK Stalin never met him: Tamil Nadu minister Balaji

India Today  

Tamil Nadu Electricity Minister V Senthil Balaji on Friday dismissed allegations that Chief Minister MK Stalin met industrialist Gautam Adani or that the DMK government signed any contract with the Adani Group. “There is no truth in claims that the Chief Minister met Adani or that any agreement was signed with the Adani Group during the DMK regime,” Balaji stated. …

India’s Adani says his group is committed to compliance after US bribery and fraud charges
1 month, 1 week ago

India’s Adani says his group is committed to compliance after US bribery and fraud charges

Associated Press  

NEW DELHI — Indian tycoon Gautam Adani said his conglomerate is committed to “world-class regulatory compliance” after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars, his first remarks since the accusations surfaced. And every obstacle becomes a stepping stone for a more resilient Adani Group,” Adani said late Saturday at an …

Adani indictment is a ‘legal matter’ between pvt entities and US:MEA
1 month, 1 week ago

Adani indictment is a ‘legal matter’ between pvt entities and US:MEA

Hindustan Times  

NEW DELHI: India on Friday said the indictment of Indian tycoon Gautam Adani by US prosecutors is a “legal matter” involving private entities and individuals and the US Department of Justice, and the Indian side has not yet received any official request for cooperation. The comments by external affairs ministry spokesperson Randhir Jaiswal were the first official response from New …

No request received from US on Adani case: MEA
Trending News
1 month, 1 week ago

No request received from US on Adani case: MEA

New Indian Express  

The Ministry of External Affairs has clarified that India has not received any prior communication from the United States regarding the legal proceedings involving the Adani Group and the US Department of Justice. "This is a legal matter involving private firms, individuals, and the US Department of Justice. According to the group, chairman Gautam Adani, his nephew Sagar Adani, and …

Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire’s firms
1 month, 1 week ago

Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire’s firms

Associated Press  

NEW DELHI — India’s Parliament was disrupted for a third day Thursday by opposition parties protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes. In the absence of a statement by the Indian government, Amit Malviya, the governing Bharatiya Janata Party’s IT head, …

Adani allegations shine spotlight on India’s clean energy conundrum
1 month, 1 week ago

Adani allegations shine spotlight on India’s clean energy conundrum

The Hindu  

Published : Nov 28, 2024 11:22 IST - 4 MINS READ Bribery allegations against the Adani Group founder Gautam Adani have highlighted the growing problem India’s renewable energy developers face in finding buyers for the power they generate. The challenges were stark in the case of Adani Green, India’s largest renewable energy company, which took over three years to strike …

Why Chandrababu Naidu is wary of calling off Andhra-Adani solar power deal
Trending News
1 month, 1 week ago

Why Chandrababu Naidu is wary of calling off Andhra-Adani solar power deal

India Today  

Andhra Pradesh chief minister N. Chandrababu Naidu is in a dilemma about how the state should respond to the US Justice Department’s indictment of billionaire Gautam Adani in an alleged $250 million scam in India. At the centre of the allegations is a $200 million bribe linked to a 7,000 MW power purchase agreement —described as one of the largest …

Andhra Pradesh extends power supply deadline for Adani Green Energy
1 month, 1 week ago

Andhra Pradesh extends power supply deadline for Adani Green Energy

Live Mint  

New Delhi: The Andhra Pradesh government has granted a second extension to Adani Green Energy Ltd for supplying renewable power after the company missed two earlier deadlines citing transmission unavailability, said three people aware of the development. To Mint's queries on the extension from the Andhra Pradesh government, a spokesperson for Adani Green said the scheduled completion date of the …

Onus is on ED, CBI, SEBI to probe US charges on Gautam Adani: Jairam Ramesh
1 month, 1 week ago

Onus is on ED, CBI, SEBI to probe US charges on Gautam Adani: Jairam Ramesh

Hindustan Times  

The Congress on Wednesday reiterated its demand for a probe into the alleged irregularities by industrialist Gautam Adani and his nephew Sagar following a criminal indictment and civil complaint by US prosecutors and regulators. Calling the clarification by Adani Green Energy, a subsidiary of the Adani Group, as nothing but “damage control through denial”, Congress general secretary Jairam Ramesh said …

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges
1 month, 1 week ago

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges

India Today  

Picking holes in the US charges against the Adani Group, senior lawyer Mukul Rohatgi on Wednesday said Gautam Adani and his nephew have not been charged with violation of the US Foreign Corrupt Practices Act while another advocate, Mahesh Jethmalani, asserted that the indictment only mentioned a "conspiracy to bribe". Briefing the media, Rohatgi said while the charges mention that …

CFL wants ACB to probe Jagan in Adani bribe scam
1 month, 1 week ago

CFL wants ACB to probe Jagan in Adani bribe scam

Deccan Chronicle  

VIJAYAWADA: Centre for Liberty founder Nallamothu Chakravarthy has filed a complaint with the Anti-Corruption Bureau seeking a probe against former chief minister Y.S. In addition to the ex-CM, CFL also wanted an inquiry into Gautam Adani – chairman of Adani Group, N. Srikanth – former energy secretary, Balineni Srinivasa Reddy – former energy minister and other persons that ACB may …

‘Adani power deal under scrutiny’: Andhra official
1 month, 1 week ago

‘Adani power deal under scrutiny’: Andhra official

Hindustan Times  

The Andhra Pradesh government is examining whether the state can cancel a contract with the Solar Energy Corp of India following allegations by prosecutors in New York that the Adani Group paid around $265 million in bribes to officials in several Indian states to secure renewable energy contracts. The allegation is that SECI entered into an agreement with the Adani …

Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Andhra Pradesh likely to suspend Adani Group’s power supply deal

Live Mint  

NEW DELHI, Nov 26 - India's Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group's billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said. The southern state will ask the federal government and the Solar Energy Corporation of India, which awards …

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?

Live Mint  

The Andhra Pradesh state government is reviewing official files and will explore if there is a possibility of cancelling a power supply contract linked to the Adani Group, reported the news agency Reuters, quoting Finance Minister of the State, Payyavula Keshav, on November 26. The indictment release from the US authorities also said that after payment of the alleged bribes …

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges
1 month, 2 weeks ago

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges

Live Law  

A plea has been filed in the Madras High Court seeking directions to the Home Ministry to either set up a Special Investigation Team or to direct the Enforcement Directorate or Central Bureau of Investigation or any other appropriate investigation agency to investigate into the corruption charges levelled against Indian businessman Gautam Adani and his indictment by United States Department …

Adani bribery case: Andhra minister says checking if power deals can be scrapped
1 month, 2 weeks ago

Adani bribery case: Andhra minister says checking if power deals can be scrapped

India Today  

Andhra Pradesh is reviewing government files to explore the possibility of scrapping a power supply contract linked to the Adani Group, Reuters reported. The development comes in the wake of a New York court indicting Adani Group chairperson Gautam Adani and seven others for promising USD 265 million in bribes to states, including Andhra Pradesh, to obtain contracts. Finance Minister …

Stalin attacks PMK founder, dismisses Adani link claims
1 month, 2 weeks ago

Stalin attacks PMK founder, dismisses Adani link claims

Hindustan Times  

Tamil Nadu chief minister MK Stalin on Monday hit out at S Ramadoss, founder of the Pattali Makkal Katchi, an ally in the NDA, over the latter’s allegation that the DMK chief and industrialist Gautam Adani held a secret meeting in Chennai at the CM’s residence. Tamil Nadu Chief Minister MK Stalin claimed Ramadoss keeps issuing such statements “as he …

T’gana rejects Adani’s ₹100-cr donation for skills university project
1 month, 2 weeks ago

T’gana rejects Adani’s ₹100-cr donation for skills university project

Hindustan Times  

Telangana chief minister A Revanth Reddy on Monday announced that the state government will not accept the ₹100 crore CSR donation pledged by the Adani Group for the Young India Skills University being set up in Ranga Reddy district on the outskirts of Hyderabad, in the wake of “present circumstances and arising controversies.” T’gana rejects Adani’s ₹ 100-cr donation for …

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September
1 month, 2 weeks ago

Adani bribery case: Accused executive’s new company landed a $1.2 billion investment pact from REC in September

Live Mint  

Bengaluru: The chief executive of a two-year-old zero-revenue green energy company that recently scored a ₹10,000 crore investment commitment from REC Ltd is among those indicted in the $250 million Adani bribery case. New Delhi-based Ocior Energy’s co-founder and CEO Ranjit Gupta was the chief executive of Azure Power Global Ltd, the company in the thick of the bribery charges …

MK Stalin dismisses rival party's 'secret meeting with Adani' claim as baseless
1 month, 2 weeks ago

MK Stalin dismisses rival party's 'secret meeting with Adani' claim as baseless

India Today  

Tamil Nadu Chief Minister MK Stalin categorically rejected allegations made by Pattali Makkal Katchi founder S Ramadoss, who claimed that Stalin had a secret meeting with Adani Group chairman Gautam Adani. MK Stalin’s DMK government denied any direct ties to the Adani Group following recent allegations in a US court that the conglomerate promised bribes to Indian government officials between …

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers
1 month, 2 weeks ago

Adani bribery row: Jagan Reddy's party leader says defector signed SECI papers

India Today  

YSRCP leader Chevireddy Bhaskar Reddy slammed former Andhra Pradesh power minister Balineni Srinivas Reddy for his baseless comments against Jagan Mohan Reddy. BALINENI BLAMES JAGAN REDDY Balineni, who quit the YSRCP on September 18 and later joined the Jana Sena Party, recently accused party president and former chief minister YS Jagan Mohan Reddy of wrongdoing. Chavireddy made similar arguments, saying: …

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
1 month, 2 weeks ago

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’

Hindustan Times  

Gautam Adani indicted: Gautam Adani of the Adani group and his nephew Sagar Adani have been summoned to explain their stand on the US Securities and Exchange Commission allegation of paying USD 265 million in bribes to secure lucrative solar power contracts, news agency PTI reported. Adani group faces bribery allegations, denies charges Gautam Adani, 62, and seven others, including …

Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract
1 month, 2 weeks ago

Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract

The Hindu  

A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate's other companies are accused of wrongdoing, the group's CFO said on Saturday. On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by U.S. …

Adani bribery case: US SEC summons Gautam Adani, Sagar Adani
Trending News
1 month, 2 weeks ago

Adani bribery case: US SEC summons Gautam Adani, Sagar Adani

Live Mint  

BENGALURU : The US Securities and Exchange Commission has issued a summons to Adani Group's founder and chairman, Gautam Adani, and his nephew and Adani Green Energy's executive director, Sagar Adani, thereby kickstarting legal proceedings in the alleged ₹2,000 crore bribery case. "We became aware of the ‘specificity’ of this two days ago," Adani Group chief financial officer Jugeshinder Singh …

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase
1 month, 2 weeks ago

Jagan Reddy embroiled in Adani bribery case: Timeline of meetings, power purchase

India Today  

The United States Securities and Exchange Commission has alleged that Gautam Adani personally met with the then Chief Minister of Andhra Pradesh, Jagan Mohan Reddy, in August 2021, and discussed the matter of the power supply agreement and the `incentives” needed to make the state government enter into a deal for purchase of 7,000 MW of power. KEY ALLEGATIONS AND …

Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors
1 month, 2 weeks ago

Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

The Hindu  

“Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part of India’s largest solar park to France’s TotalEnergies,” prosecutors alleged in legal documents reviewed by Reuters. U.S. prosecutors on Thursday charged eight people — including Gautam Adani, his nephew Sagar Adani, and the former CEO of Adani Green Energy Limited …

Adani case fallout: CM Naidu promises action
1 month, 2 weeks ago

Adani case fallout: CM Naidu promises action

Hindustan Times  

Andhra Pradesh promised on Friday to look into and “act” on charges that the Adani Group and its top executives paid massive bribes in the state for solar power contracts, while the Congress vowed to press for action in Parliament and global banks began reviewing fresh credit to the conglomerate, as fallout intensified from the US indictment of Gautam Adani …

‘No engagement with Adani in Odisha, claims incorrect’: BJD clarifies after BJP attack over Gautam Adani ’bribe’ charges
1 month, 2 weeks ago

‘No engagement with Adani in Odisha, claims incorrect’: BJD clarifies after BJP attack over Gautam Adani ’bribe’ charges

Live Mint  

The Biju Janata Dal on Friday issued a clarification regarding power purchase agreements in Odisha, and emphatically denied allegations that state government officials took bribes from the Adani group to supply renewable energy to the state from the central pool. In the written exposition, the BJD claimed that the power purchase agreement made three years ago was between two government …

5 things about SECI, the PSU mentioned in US indictment of Gautam Adani
1 month, 2 weeks ago

5 things about SECI, the PSU mentioned in US indictment of Gautam Adani

Firstpost  

SECI holds Navratna status, a designation granted by the Government of India to PSUs for exceptional performance. This gives SECI with greater financial and operational autonomy to make decisions, invest, and expand operations without extensive government approvals SECI is a Navratna PSU at the heart of the US indictment against Gautam Adani. Image sources: Pixabay/Wikimedia Commons The Solar Energy Corporation …

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
1 month, 2 weeks ago

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

Associated Press  

NEW DELHI — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The …

Individuals linked to Adani bribery case associated with Cong, alleges AP BJP chief
Trending News
1 month, 2 weeks ago

Individuals linked to Adani bribery case associated with Cong, alleges AP BJP chief

Deccan Chronicle  

Amaravati: Andhra Pradesh BJP president D Purandeswari on Friday said the allegations emanating from the US against the Adani Group raises serious questions and claimed that all those linked to these allegations are associated with the Congress party. Business tycoon and Adani Group chairman Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme …

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more
1 month, 2 weeks ago

Stocks to Watch: Adani Group stocks, Raymond, Vedanta, Hyundai Motor, SJVN and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Adani Stocks: Gautam Adani, his nephew Sagar Adani, and associates have been charged by U.S. authorities with defrauding investors and paying $265 million in bribes to Indian officials for solar energy contracts. Amid these allegations, Kenyan President William Ruto canceled deals with the Adani Group, including …

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV
Top News
1 month, 2 weeks ago

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV

India TV News  

New Delhi: Billionaire Gautam Adani has been indicted by US prosecutors for allegedly conspiring with executives of a formerly New York-listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business. US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others with alleged bribery and …

Will assess, act on alleged Jagan Reddy-Adani bribery link: Chandrababu Naidu
1 month, 2 weeks ago

Will assess, act on alleged Jagan Reddy-Adani bribery link: Chandrababu Naidu

India Today  

Andhra Pradesh Chief Minister Chandrababu Naidu on Friday addressed the US allegations of bribery involving the Adani Group and the erstwhile YS Jagan Mohan Reddy regime, saying his government will "assess the situation" and take action based on the evidence. The allegations stem from court filings by the US Securities and Exchange Commission, which claim that industrialist Gautam Adani met …

Adani met Jagan Reddy in 2021, promised bribes, says US regulator
1 month, 2 weeks ago

Adani met Jagan Reddy in 2021, promised bribes, says US regulator

India Today  

The United States Securities and Exchange Commission has alleged that Gautam Adani met then Andhra Pradesh Chief Minister Jagan Mohan Reddy in August 2021 to address the state's reluctance to sign an agreement with the government-run Solar Energy Corporation of India. However, Jagan Reddy's party, which was in power between 2019-2024, said its government had no "direct agreement" with the …

Adani bribery charge sparks political storm: Centre, states react to US claims
1 month, 2 weeks ago

Adani bribery charge sparks political storm: Centre, states react to US claims

India Today  

Four states - Andhra Pradesh, Chhattisgarh, Odisha and Tamil Nadu - and one Union Territory, Jammu and Kashmir, came into focus after US prosecutors indicted industrialist Gautam Adani and seven others for allegedly paying bribes to Indian government officials for securing solar power contracts. ANDHRA PRADESH Andhra Pradesh Chief Minister Chandrababu Naidu on Friday addressed the US allegations of bribery …

White House on Adani bribery case: Strong ties will help weather the storm
1 month, 2 weeks ago

White House on Adani bribery case: Strong ties will help weather the storm

India Today  

The White House expressed confidence that strong ties will help India and the US navigate the turmoil in the wake of bribery and fraud charges against Indian billionaire Gautam Adani. Adani, 62, was indicted in New York along with his nephew Sagar Adani, 30, and other executives for their roles in an alleged multibillion-dollar bribery and fraud scheme to secure …

MK Stalin's DMK government in Tamil Nadu rejects Adani bribe allegations, demands probe amid political fallout - Tamil Nadu News
1 month, 2 weeks ago

MK Stalin's DMK government in Tamil Nadu rejects Adani bribe allegations, demands probe amid political fallout - Tamil Nadu News

India Today  

The DMK government in Tamil Nadu has denied any direct ties to the Adani group following allegations in a US court that the conglomerate promised bribes to Indian government officials between July 2021 and February 2022. Tamil Nadu Electricity Minister Senthil Balaji clarified that the state’s power department has not entered into any direct agreements with the Adani group since …

Adani Bribed AP Under Jagan Rule for Sale of Solar Power, Says US DoJ
1 month, 2 weeks ago

Adani Bribed AP Under Jagan Rule for Sale of Solar Power, Says US DoJ

Deccan Chronicle  

Hyderabad:Tremors of the alleged bribery scam involving top industrialist Gautam Adani were felt in Andhra Pradesh with the previous Y.S. The US Department of Justice has disclosed that a high-ranking official in AP who served between May 2019 and June 2024 was offered “a corrupt payment of Rs 1,750 crore in exchange of the official causing distribution companies to agree …

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report
Trending News
1 month, 2 weeks ago

Gautam Adani met Jagan Reddy in 2021, promised $200 million bribe to officials, claims US report

Hindustan Times  

The United States Securities and Exchange Commission has alleged that billionaire tycoon Gautam Adani met then-Andhra Pradesh chief minister YS Jagan Mohan Reddy in August 2021. Gautam Adani and Jagan Mohan Reddy SECI is a public sector entity and arm of the Indian government responsible for implementing Centre schemes related to renewable energy, including funding large solar projects. According to …

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