Gautam Adani charged in US: Allegations, rebuttals, and stock market wipeout
1 month ago

Gautam Adani charged in US: Allegations, rebuttals, and stock market wipeout

India Today  

The Adani Group, one of nation’s largest conglomerates, is facing serious allegations of corruption as US prosecutors accused Gautam Adani and others of orchestrating a USD 265 million bribery scheme to secure state energy contracts. An Andhra Pradesh government official has been named as "Foreign Official #1" i n US court filing in Adani bribery case. Investors in Adani Group’s 10 listed companies lost over Rs 2.60 lakh crore in market value during early trade today. He also ordered the termination of a USD 736 million, 30-year public-private partnership agreement signed last month between the energy ministry and an Adani Group subsidiary to build power transmission lines.

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History of this topic

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
2 weeks, 1 day ago

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director

India Today  

The United States Securities and Exchange Commission has approached a New York court with a formal request to consolidate the civil cases against Indian industrialist Gautam Adani and Azure Power's Cyril Cabanes. While Gautam Adani and his nephew Sagar Adani have not been directly charged with FCPA violations - a fact repeatedly emphasised by their legal counsel, including prominent lawyers …

Why it's a rocky road ahead for Adani Group
2 weeks, 6 days ago

Why it's a rocky road ahead for Adani Group

India Today  

Gautam Adani’s biographer calls him ‘destiny’s child’. However, a US court indictment which said that, starting in 2020, top honchos of Azure Power—an Indian solar power producer that was listed on the New York Stock Exchange—connived with Adani and two of his senior executives to give $265 million in bribes to government officials across five Indian states in return for …

How will bribery charges impact Adani?
3 weeks, 2 days ago

How will bribery charges impact Adani?

The Hindu  

The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of the Adani Group, and his associates including his nephew Sagar Adani. Shares of various Adani Group companies dropped sharply; they have recovered most of …

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani
3 weeks, 3 days ago

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani

The Hindu  

Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. Gautam Adani indictment: In-depth coverage “Less than two weeks back, we faced a set of allegations from the U.S. about compliance …

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
3 weeks, 3 days ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

Gautam Adani on US indictment: ‘Every attack makes us stronger’
3 weeks, 3 days ago

Gautam Adani on US indictment: ‘Every attack makes us stronger’

Hindustan Times  

Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger”. Addressing the 51st Gem and Jewellery Awards in Jaipur, the Adani Group chairperson said,"As most of you would have read less than 2 weeks back, we faced a set of allegations from the US about compliance practises at …

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
Trending News
3 weeks, 4 days ago

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’

Live Mint  

Adani Group's chief financial officer on Friday, November 29, rejected US allegations that group executives, including Chairman Gautam Adani, were part of a $265 million bribery scheme. Adani CFO refutes bribery charges Singh also sought to allay concerns about the allegations' impact on the group's expansion plans. He said the allegations made in the US against Group chairman Gautam Adani …

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?
3 weeks, 4 days ago

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?

The Hindu  

Published : Nov 29, 2024 14:23 IST - 8 MINS READ In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. An ally …

Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire’s firms
3 weeks, 5 days 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, …

Tanzania to keep agreement with Adani for container terminal, official says
3 weeks, 6 days ago

Tanzania to keep agreement with Adani for container terminal, official says

The Hindu  

“Tanzania plans to honour its contracts with an Adani Group unit despite a U.S. indictment of its billionaire chairman Gautam Adani on accusations of bribery and fraud,” a senior official at the ports authority said. In May, Tanzania entered into a 30-year concession agreement with Adani Ports, a unit of Adani Group, to operate a container terminal in its Dar …

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Top News
3 weeks, 6 days ago

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations

ABP News  

Shares of Adani Group companies saw a significant rally during morning trade on Wednesday, recovering from the losses incurred the previous day. Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor confidence despite ongoing allegations against the conglomerate. Adani Power climbed 5.96 per cent, Adani Total Gas rose 4.70 per …

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition
Top News
3 weeks, 6 days ago

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition

Hindustan Times  

The Adani Group on Wednesday strongly denied allegations of bribery and violations of the US Foreign Corrupt Practices Act against its chairman Gautam Adani, his nephew Sagar Adani, and key executive Vneet Jaain in a case filed by the US Department of Justice. The company clarified that its chairman Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged …

Gautam Adani not charged with FCPA, only securities violations involving penalties: Adani Green
3 weeks, 6 days ago

Gautam Adani not charged with FCPA, only securities violations involving penalties: Adani Green

The Hindu  

Adani Green Energy chairman Gautam Adani and other employees have not been charged for bribery or any violations of the U.S. Foreign Corrupt Practices Act, the company said on Wednesday, in its first counter to the U.S. Court indictment and the civil charges pressed by the American market regulator that became public on November 21, 2024. The U.S. Court indictment …

Adani Group says it lost nearly $55 billion since US indictment: Report
3 weeks, 6 days ago

Adani Group says it lost nearly $55 billion since US indictment: Report

Hindustan Times  

India's Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the company denies. The November 20 bombshell indictment in New York accused billionaire industrialist founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. "Since the intimation of the …

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives
Top News
3 weeks, 6 days ago

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives

Live Mint  

Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain have been cleared of any bribery charges, according to the US Department of Justice. In response to growing controversy over corruption allegations, Adani Green Energy Ltd issued a clarification on November 27, stating that the charges against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain, as outlined by …

Gautam Adani, nephew Sagar Adani not charged under US FCPA: Adani Green
3 weeks, 6 days ago

Gautam Adani, nephew Sagar Adani not charged under US FCPA: Adani Green

Hindustan Times  

The Adani Group on Wednesday said its chairman and billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the United States Foreign Corrupt Practices Act in the bribery case indictment filed by US authorities. REUTERS/FILE The US Department of Justice has charged Gautam Adani, founder and chairman of the Adani Group, along with …

Bribery case: What are the legal options for Adani? Key questions answered
3 weeks, 6 days ago

Bribery case: What are the legal options for Adani? Key questions answered

India Today  

The Adani Group on Wednesday said its chairperson Gautam Adani has not been charged with corruption by the US prosecutors in the bribery case but faces three other counts, including securities and wire fraud. If the accused are located outside the US, the authorities have several options: Extradition: The US can request that India extradite the individuals based on the …

‘Adani power deal under scrutiny’: Andhra official
4 weeks 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
4 weeks 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
4 weeks 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 …

Adani Group deals at risk: How countries have reacted after bribery charges
4 weeks ago

Adani Group deals at risk: How countries have reacted after bribery charges

India Today  

The Adani Group is under scrutiny after US authorities accused Gautam Adani and seven associates of paying $265 million in bribes to Indian government officials. President William Ruto said on Thursday that a procurement process that would have handed control of the country's main airport to the Adani Group was terminated, reported news agency Reuters. Adani Green Energy Limited, however, …

Adani standoff forces Houses to adjourn on Day 1 of session
4 weeks, 1 day ago

Adani standoff forces Houses to adjourn on Day 1 of session

Hindustan Times  

The Congress-led Opposition forced adjournments in both Houses of Parliament on the opening day of the winter session on Monday over bribery allegations against the Adani Group but a standoff on this issue might not last long as other INDIA bloc constituents are keen to focus on more pressing issues. A senior Congress leader said the party is unlikely to …

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
Trending News
4 weeks, 1 day ago

Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why

Live Mint  

GQG Partners, one of the biggest foreign institutional investors in Adani Group, decided not to sell its stake in the conglomerate. According to the disclosure, the American investment giant has a total exposure of $9.7 billion to the Adani Group of companies on a total asset base of $158.6 billion, marking up to 6.1 per cent of the company's total …

Adani Group Denies Binding Agreements Amid Kenya Airport Deal Cancellation Reports
4 weeks, 1 day ago

Adani Group Denies Binding Agreements Amid Kenya Airport Deal Cancellation Reports

ABP News  

Adani Group on Saturday issued a clarification regarding reports that Kenya had canceled over $ 2.5 billion in deals following bribery charges against its founder Gautam Adani in the US. In its response to stock exchange inquiries, the conglomerate addressed speculation that Kenyan President William Ruto had halted a procurement process that might have awarded Adani control over Jomo Kenyatta …

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani
1 month ago

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani

The Hindu  

A fresh plea has been filed in the Supreme Court seeking a probe into the indictment of billionaire industrialist Gautam Adani who has been indicted in the U.S. for alleged bribery and fraud, saying the move "unveiled malpractices carried out by the conglomerate". The U.S. Department of Justice has accused Mr. Adani of being part of an elaborate scheme to …

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani
Trending News
1 month ago

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani

Live Mint  

A fresh plea has been filed in the Supreme Court seeking an inquiry into the indictment of Adani group founder and chairman Gautam Adani, who has been charged in the US for alleged bribery and fraud. The US Department of Justice has accused Gautam Adani of being part of an elaborate scheme to pay $265 million bribe to Indian officials …

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
1 month 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 firm downplays Kenya scrapping $736 million power deal: No material impact
1 month ago

Adani firm downplays Kenya scrapping $736 million power deal: No material impact

India Today  

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business. "Further, the Company hereby submits that there is no material impact of the Media Report on the operations of the Company," …

The Adani exposé: How one whistleblower exposed a multibillion-dollar deal
1 month ago

The Adani exposé: How one whistleblower exposed a multibillion-dollar deal

India Today  

Nelson Amenya, a courageous Kenyan entrepreneur and whistleblower, has emerged as a pivotal figure in exposing a secretive multibillion-dollar deal between the Kenyan government and India's Adani Group. He pointed out that the deal had significant implications beyond just the airport project, particularly concerning another initiative by Adani valued at over $1.3 billion that faced numerous financial challenges. He emphasised …

Adani shares rally in India after founder's US charges
Trending News
1 month ago

Adani shares rally in India after founder's US charges

Deccan Chronicle  

Mumbai: Shares in Indian billionaire Gautam Adani's conglomerate rallied Friday to pare the previous day's frenzied sell-off sparked by US charges alleging the tycoon paid more than $250 million in bribes to secure lucrative government contracts. Shares in Adani Enterprises, his conglomerate's main listed unit, rose nearly four percent in morning trade, while its listed ports and power subsidiaries posted …

Adani Group's Australian coal unit faces racism charge, human rights complaint: Report
1 month ago

Adani Group's Australian coal unit faces racism charge, human rights complaint: Report

Hindustan Times  

The Adani Group is facing accusations of racism at its Australian coal unit after an aboriginal group filed a complaint with the country's Human Rights Commission, reported news agency Reuters. People have levelled charges of racism against the Adani group in Australia The Nagana Yarrbayn Wangan & Jagalingou cultural custodians in Queensland state said they had filed a complaint outlining …

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

Adani Group stocks in trouble again! What should investors do now?
1 month ago

Adani Group stocks in trouble again! What should investors do now?

Live Mint  

Adani Group stocks experienced a rollercoaster trading session on November 22, rebounding sharply after falling by around 10% in early trades. U.S. prosecutors indicted Adani Group Chairman Gautam Adani, his nephew Sagar Adani, and others on charges of orchestrating a $265 million bribery and fraud scheme to expand the group’s solar energy business. He noted that heightened scrutiny and unresolved …

Adani Group stocks, bonds fall for a second day after founder's US indictment
1 month ago

Adani Group stocks, bonds fall for a second day after founder's US indictment

Deccan Chronicle  

Stocks and bonds of India's Adani Group dropped for a second session on Friday after a U.S. arrest warrant was issued for its billionaire founder Gautam Adani over an alleged 265 million dollars bribery scheme. U.S. prosecutors have charged Adani and seven other people with agreeing to pay bribes to Indian government officials to obtain contracts that could yield 2 …

Gautam Adani news: Adani shares extend selling for second straight session; lose up to 28% in two days
1 month ago

Gautam Adani news: Adani shares extend selling for second straight session; lose up to 28% in two days

Live Mint  

Gautam Adani news: Following the latest news on Gautam Adani's scrutiny by the US court, Adani Group shares extended the selling spree for the second straight day. Adani Green share price today opened at ₹1,085 apiece on the NSE and touched an intraday low of ₹1,021 apiece, logging around 28 per cent correction in the last two straight sessions. Other …

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?
1 month ago

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?

Hindustan Times  

Sagar Adani, the nephew of Gautam Adani, is among the seven defendants charged in a US indictment alongside the Adani Group chairperson in an alleged bribery and fraud scheme tied to a renewable energy project in India. • Sagar Adani is the son of Rajesh Adani, the brother of Gautam Adani, who has been with the Adani Group since its …

Adani may see wider impact from US setback
1 month ago

Adani may see wider impact from US setback

Live Mint  

Mumbai: The Adani Group denied bribery charges and vowed to explore legal options after a damaging indictment in the US, but the move failed to stop a run in its shares, posing the biggest test yet for the conglomerate which had rebuilt investor faith after the Hindenburg episode. Concluding more than two years of investigation, the US Department of Justice …

Adani Group shares trade lower for second consecutive day amid US bribery allegations
1 month ago

Adani Group shares trade lower for second consecutive day amid US bribery allegations

India TV News  

Shares of eight out of ten listed Adani Group companies witnessed a sharp decline during Friday’s morning trade following charges against billionaire Gautam Adani by US prosecutors. Shares of Adani Power tanked 6.38 per cent, Adani Total Gas went lower by 6.11 per cent, Adani Ports declined 5.31 per cent, Adani Wilmar plunged 5.17 per cent to hit the one-year …

Why has Indian billionaire Gautam Adani been charged in a US bribery case?
1 month ago

Why has Indian billionaire Gautam Adani been charged in a US bribery case?

Al Jazeera  

United States prosecutors indicted billionaire Gautam Adani, one of the world’s richest people, on Wednesday over his alleged lead role in a bribery scheme linked to a mega-sized solar power plant. In a statement, the US Department of Justice alleged that Adani – a close ally of India’s Prime Minister Narendra Modi – and seven of his associates, including his …

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: Attorney
Top News
1 month ago

US charges against Adani, 7 others could lead to arrest warrants, extradition bid: Attorney

India TV News  

New York: With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the …

Adani Group stocks extend slide amid bribery charges. Details here
1 month ago

Adani Group stocks extend slide amid bribery charges. Details here

India Today  

Shares of Adani Group companies continued their steep decline on Friday, following allegations of a multi-million-dollar bribery and fraud case involving Chairman Gautam Adani and seven others. Adani Energy Solutions was down 8.48% at Rs 640.50 on the Bombay Stock Exchange, while Adani Green Energy fell 7.51% to Rs 1,060.35. Shares of other Adani Group companies, including its flagship Adani …

US indictment of Adani Group honchos: What are the implications?
1 month ago

US indictment of Adani Group honchos: What are the implications?

New Indian Express  

The indictment of top executives from one of India’s large multinational conglomerates by a US Federal Court on Wednesday, November 19, 2024, has raised several pressing questions for both global and domestic investors. The charges—linked to a Rs 2,300 crore bribery scheme involving Adani Group executives, including Chairman Gautam Adani and directors Sagar Adani and Vinit Jain—have far-reaching implications not …

Kenya's cancellation of Adani deals preceded massive social media uproar
1 month ago

Kenya's cancellation of Adani deals preceded massive social media uproar

India Today  

There was an uproar on social media in Kenya hours after US prosecutors indicted Adani Group's boss Gautam Adani for bribery on Thursday, forcing the government to cancel multi-billion deals that had been under intense scrutiny for months. Hashtags like #StopAdani, #ArrestAdani, #StopAdaniDeal and #AdaniMustGo started trending on X in Kenya after the news about US government's charges of bribery …

Gautam Adani ‘bribery’ case: How the troubles began since Hindenburg allegations — a timeline
1 month ago

Gautam Adani ‘bribery’ case: How the troubles began since Hindenburg allegations — a timeline

Live Mint  

The Securities and Exchange Commission charged Adani Group Chairman Gautam Adani and his nephew Sagar Adani, among others, on November 20 over their alleged involvement in a multi-billion-dollar bribery and fraud scheme. September 2024: Hindenburg's third take on the Adani Group came through a social media post on platform X, citing Swiss authorities freezing $310 million of the Adani Group's …

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
1 month ago

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal

Hindustan Times  

By Nikunj Ohri, Dharamraj Dhutia Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal NEW DELHI -Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. U.S. authorities said on Wednesday …

Kenya cancels airport and energy deals with Adani group after U.S. indicts the tycoon
1 month ago

Kenya cancels airport and energy deals with Adani group after U.S. indicts the tycoon

The Hindu  

Kenya’s President said on Thursday that he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest men. The Adani group had been in the process of signing an agreement that would modernise Kenya’s main airport in the capital, Nairobi, with an additional runway and terminal …

Kenya Cancels Power Transmission Deal With Adani Group Amid US Bribery Charges
1 month ago

Kenya Cancels Power Transmission Deal With Adani Group Amid US Bribery Charges

ABP News  

The Kenyan government has announced the cancellation of a multi-million dollar deal with Adani Group following allegations of bribery and fraud leveled against the conglomerate by US authorities, as reported by news agency Reuters. US prosecutors recently indicted Adani executives, including founder Gautam Adani, on charges of orchestrating a $265 million bribery scheme. On Thursday, all Adani Group stocks, including …

Gautam Adani: Billionaire Indian tycoon facing U.S. bribery charges
1 month ago

Gautam Adani: Billionaire Indian tycoon facing U.S. bribery charges

Raw Story  

Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, is one of the corporate world's great survivors. His purchase the following year of an untapped coal basin sparked years of "Stop Adani" protests in Australia after dismay at the project's monumental environmental impact. Adani batted away press freedom fears, but told the …

Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP's Sanjay Singh
Trending News
1 month ago

Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP's Sanjay Singh

Hindustan Times  

New Delhi, The Adani group tried to enter Delhi's power sector but was stopped by then chief minister Arvind Kejriwal, A Rajya Sabha MP Sanjay Singh claimed Thursday and stressed the need for accountability after industrialist Gautam Adani was charged in the US for alleged bribery and fraud. Adani group tried to enter Delhi's power sector but Kejriwal stopped them: …

Moody's says US bribery charges against Gautam Adani negative for credit rating: Report
1 month ago

Moody's says US bribery charges against Gautam Adani negative for credit rating: Report

Hindustan Times  

Credit rating agency Moody’s has said the bribery charges against Gautam Adani, the chairman of Adani Group, would be seen as a credit negative for the conglomerate's companies, Money Control reported. A Moody's sign is displayed on 7 World Trade Center, the company's corporate headquarters in New York “The indictment of Adani Group's chairman and other senior officials on bribery …

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