Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order
4 days, 5 hours ago

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order

Deccan Chronicle  

New York: A New York court has ordered that the criminal and civil cases filed against Indian billionaire Gautam Adani and others in a bribery scheme are related and will be assigned to the judge overseeing the criminal case.The order available on the court website of the US District Court Eastern District of New York says that in consultation with District Judge Garaufis, because USA v. Adani et al., 24 Crim. In November last year, the Securities and Exchange Commission charged Gautam Adani Sagar Adani and Cyril Cabanes, an executive of Azure Power Global Ltd., for conduct arising out of a massive bribery scheme. In a parallel action, the US Attorney's Office for the Eastern District of New York unsealed criminal charges against Gautam Sagar Adani and Cabanes, among other individuals connected to Adani Green and Azure Power. The indictment also charges Ranjit Gupta and Rupesh Agarwal, former executives of a renewable-energy company with securities that had traded on the New York Stock Exchange and Cyril Cabanes, Saurabh Agarwal and Deepak Malhotra, former employees of a Canadian institutional investor, with conspiracy to violate the Foreign Corrupt Practices Act in connection with a bribery scheme also perpetrated by Gautam S. Adani, Sagar R. Adani and Vneet S. Jaain, involving one of the world's largest solar energy projects, a statement by the US Attorney's Office, Eastern District of New York had said.

Criminal Judge New York Securities District Gautam Adani Adani Exchange Gautam York Court Sagar Adani Cabanes Securities And Exchange Commission  judge  order  district  civil  securities  scheme  gautam  criminal  york  court  related  cases  exchange  adani  assigned  v  sagar

History of this topic

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
5 hours, 1 minute ago

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe

Live Mint  

A United States Congressman has warned the ongoing Joe Biden administration of risking America's critical alliance with India over its decision to investigate the activities of Indian billionaire Gautam Adani. Terming it “selective”, the US lawmaker said such actions could risk damaging critical alliances with key partners such as India. In a letter to US Attorney General Merrick B Garland, …

Adani bribery case: US court orders joint criminal, civil trial against tycoon
6 days, 15 hours ago

Adani bribery case: US court orders joint criminal, civil trial against tycoon

India Today  

In a major development, a New York court has ordered to club the three ongoing cases against industrialist Gautam Adani and others on charges of USD 265 million bribery. The cases that have been tagged together include US vs Adani and others, Securities and Exchange Commission vs Adani and others, and SEC vs Cabanes. Adani and others are charged with …

Gautam Adani: Trial by fire
1 week, 1 day ago

Gautam Adani: Trial by fire

India Today  

If there were many who left a mark on 2024, billionaire Gautam Adani was one on whom 2024 left a mark. It began on November 20 when the US Distr­ict Court, Eastern District of New York, accu­sed top executives of Azure Power, an Indian solar power producer listed on the New York Stock Exchange, of colluding with Gautam Adani and …

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
4 weeks, 2 days 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 …

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?
1 month ago

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?

Al Jazeera  

The recent allegations by US prosecutors highlight jurisdictional complexities of charging a person living in another country with an alleged crime committed there. The United States Securities and Exchange Commission has accused Adani and others of conspiring to pay about $265m in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project. “This is …

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani
1 month, 1 week 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
1 month, 1 week 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 …

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 …

Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
Trending News
1 month, 1 week 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 …

‘Legal matter between private firms and US Department of Justice’: India on Adani indictment row
1 month, 1 week ago

‘Legal matter between private firms and US Department of Justice’: India on Adani indictment row

Hindustan Times  

India on Friday said the Narendra Modi government was not informed by the United States in advance ahead of its order indicting industrialist Gautam Adani in an alleged bribery case. US authorities indict Gautam Adani The US prosecutors on November 21 charged Gautam Adani with involvement in a plan to allegedly pay more than $250 million in bribes to government …

Received no request from US: India on 'arrest warrant' for Gautam Adani
1 month, 1 week ago

Received no request from US: India on 'arrest warrant' for Gautam Adani

India Today  

The government on Friday said that it has received no request from US authorities about the arrest warrant issued against industrialist Gautam Adani over bribery charges. “This is a legal matter involving private firms and individuals and the US Department of Justice,” MEA spokesperson Randhir Jaiswal said during a press briefing. #WATCH | Delhi: On the Adani indictment issue, MEA …

MEA denies reports of US summons for Gautam Adani, says 'no official request received'
Trending News
1 month, 1 week ago

MEA denies reports of US summons for Gautam Adani, says 'no official request received'

India TV News  

The Ministry of External Affairs on Friday dismissed media reports suggesting that US prosecutors had issued summons for Adani Group Chairman Gautam Adani and others in connection with an alleged bribery case. Adani Group denies bribery allegations Media reports surfaced alleging that Gautam Adani and other executives were named in a five-count criminal indictment unsealed by the United States District …

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 …

After GQG, Abu Dhabi's IHC backs Adani over US indictment
1 month, 1 week ago

After GQG, Abu Dhabi's IHC backs Adani over US indictment

Live Mint  

Mumbai: International Holding Company, the investment arm of Abu Dhabi's ruling family, emerged as the second major investor to affirm its faith in the Adani group after US federal prosecutors indicted Gautam Adani and others for allegedly bribing Indian government officials. The IHC spokesperson said, "Our partnership with the Adani Group reflects our confidence in their contributions to the green …

‘Adanis aren’t named in bribery charges’: Senior lawyer Rohatgi
Trending News
1 month, 1 week ago

‘Adanis aren’t named in bribery charges’: Senior lawyer Rohatgi

Hindustan Times  

New Delhi: Senior advocate and former attorney general of India Mukul Rohatgi on Wednesday said that neither Gautam Adani nor his nephew Sagar Adani has been named in charges related to bribery or obstruction of justice under the US Foreign Corrupt Practices Act. New Delhi, Nov 27 : Former Attorney General and Senior Counsel Mukul Rohatgi speaks to the media …

Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained
1 month, 1 week ago

Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained

Live Mint  

Gautam Adani, the billionaire Chairperson of Adani Group, is likely to face a long road to trial in the United States over criminal charges related to his alleged multi-billion-dollar fraud and bribery scheme, news agency Reuters reported on Wednesday, November 27. Adani is also accused of conspiring to pay about $265 million in bribes to Indian government officials to obtain …

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 …

'Incorrect and reckless reporting': Adani Group refutes allegations against Gautam Adani, his nephew Sagar Adani and Vneet Jaain, says no FCPA charges
Top News
1 month, 1 week ago

'Incorrect and reckless reporting': Adani Group refutes allegations against Gautam Adani, his nephew Sagar Adani and Vneet Jaain, says no FCPA charges

Op India  

Amidst continuous attacks by the opposition parties over the indictment of Adani Group chairman Gautam Adani, his nephew Sagar Adani and over allegations of bribery in a New York district court, Adani Group refuted the misleading reporting done in media and by some political parties. “Media articles which state that certain of our directors namely Gautam Adani, Sagar Adani and …

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition
Top News
1 month, 1 week 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 …

Adani Green Energy Refutes Bribery Charges Against Gautam Adani And Executives
1 month, 1 week ago

Adani Green Energy Refutes Bribery Charges Against Gautam Adani And Executives

ABP News  

In the latest response to the allegations against the Adani Group, Adani Green Energy Ltd issued a clarification on Wednesday, stating that there is no charges of bribery against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain by the US Department of Justice. “Media articles stating that our directors Gautam Adani, Sagar Adani, and Vneet Jaain have been charged …

Gautam Adani not charged with FCPA, only securities violations involving penalties: Adani Green
1 month, 1 week 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 …

Ex-attorney general Mukul Rohatgi ‘clears air’ on bribery charges against Adani
Trending News
1 month, 1 week ago

Ex-attorney general Mukul Rohatgi ‘clears air’ on bribery charges against Adani

Hindustan Times  

Senior advocate and former attorney general Mukul Rohatgi on Wednesday addressed the media to clarify allegations against Adani Group chairman Gautam Adani, his nephew Sagar Adani, and others, stemming from a criminal indictment and civil complaint by US prosecutors and regulators. Meanwhile, Adani Green Energy Ltd. on Wednesday morning filed an official response to stock exchanges under SEBI regulations, refuting …

No bribery charges against Gautam Adani, Sagar: Adani Group
1 month, 1 week ago

No bribery charges against Gautam Adani, Sagar: Adani Group

Deccan Chronicle  

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged …

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives
Top News
1 month, 1 week 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
1 month, 1 week 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 …

Adani, nephew not charged under US Foreign Corrupt Practices Act: Adani Green informs stock exchange
1 month, 1 week ago

Adani, nephew not charged under US Foreign Corrupt Practices Act: Adani Green informs stock exchange

New Indian Express  

NEW DELHI: Billionaire Gautam Adani, and his nephew Sagar have not been charged with any violation of the US Foreign Corrupt Practices Act in the indictment that authorities filed in the New York court in the alleged bribery case, the Adani Group said on Wednesday. Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet …

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 …

No bribery charges against Gautam Adani, nephew in US indictment: Adani Green
1 month, 1 week ago

No bribery charges against Gautam Adani, nephew in US indictment: Adani Green

India Today  

Adani Green Energy Ltd has issued a statement clarifying that Gautam Adani, Sagar Adani, and senior executive Vneet Jaain have not been charged with violations of the US Foreign Corrupt Practices Act. These directors have been charged on three counts in the criminal indictment namely alleged securities fraud conspiracy, alleged wire fraud conspiracy, and alleged securities fraud," said the statement …

Bribery case: What are the legal options for Adani? Key questions answered
1 month, 1 week 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 …

Gautam Adani, nephew Sagar not charged under US Foreign Corrupt Practices Act: Adani Green
1 month, 1 week ago

Gautam Adani, nephew Sagar not charged under US Foreign Corrupt Practices Act: Adani Green

India TV News  

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act in the indictment filed by US authorities in a court in a bribery case, the Adani Group said today. Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vineet Jain, have been charged …

Former Attorney General Rohatgi says no bribery charges against Gautam Adani, nephew in US indictment
1 month, 1 week ago

Former Attorney General Rohatgi says no bribery charges against Gautam Adani, nephew in US indictment

New Indian Express  

NEW DELHI: Former Attorney General of India and Senior Counsel Mukul Rohatgi on Wednesday said that industrialist Gautam Adani, along with his nephew Sagar Adani, have not been named in key bribery or obstruction of justice charges in the indictment filed by United States prosecutors in a bribery case. Earlier today, the Adani Group Energy Limited refuted bribery allegations made …

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 …

'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'
1 month, 1 week ago

'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'

Deccan Chronicle  

New York: There remains a possibility that the USD 265 million bribery case against Indian billionaire Gautam Adani can be withdrawn if the charges against him are deemed unworthy or defective after Donald Trump takes over as the US President, a prominent Indian-American attorney has said. “If the criminal or civil charges are deemed unworthy or defective, President Trump's new …

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges
1 month, 1 week 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 indictment row: U.S. State Department declines comment on disruptions in Indian Parliament
1 month, 1 week ago

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament

The Hindu  

The U.S. State Department refused to comment on the disruptions in the Indian Parliament over the indictment of billionaire Gautam Adani in a U.S. court on charges of bribery. The U.S. authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged $265 million bribery scheme. Last week, a five-count criminal indictment …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 1 week ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

ABP News  

Washington, Nov 26 : The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 1 week ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

New Indian Express  

WASHINGTON: The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, a five-count criminal …

Bribery Scheme: More trouble for Adani Group as partners, investors review ties
1 month, 2 weeks ago

Bribery Scheme: More trouble for Adani Group as partners, investors review ties

New Indian Express  

The Adani Group is facing escalating challenges after being criminally indicted by a US federal court last week on corruption charges. In further bad news for the Ahmedabad-based conglomerate, its largest foreign investor, France’s Total Energies, announced on Monday that it will halt any new financial contributions to Adani Group companies. In a statement issued on Monday, Total Energies said: …

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani
1 month, 2 weeks 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, 2 weeks 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, 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 …

US bribery case against Adani reaches Supreme Court, Sebi in the dock
1 month, 2 weeks ago

US bribery case against Adani reaches Supreme Court, Sebi in the dock

India Today  

A fresh application was filed before the Supreme Court on Sunday urging it to take on record the charges of bribery and fraud brought against billionaire Gautam Adani and his seven associates by US authorities. The petition, filed by Vishal Tiwari, alleges shortcomings in the Securities and Exchange Board of India’s investigation into Hindenburg Research's allegations against the Adani Group …

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case
1 month, 2 weeks ago

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

The Hindu  

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the U.S. Securities and Exchange Commission allegation of paying $265 million in bribes to secure lucrative solar power contracts. Summons have been sent to Adani’s Shantivan Farm residence in Ahmedabad and his nephew Sagar’s Bodakdev residence in the same city for …

Adani Group CFO on US indictment: 'None of portfolio companies subject to any legal case'
1 month, 2 weeks ago

Adani Group CFO on US indictment: 'None of portfolio companies subject to any legal case'

Hindustan Times  

Two days after Adani Group chairperson Gautam Adani was indicted on bribery charges in the US, the conglomerate's CFO, Jugeshinder Robbie Singh, said that none of Adani Group portfolio companies have been accused of any wrongdoing. “Adani Group has a portfolio of 11 public companies and none are subject to indictment,” Singh wrote. The Adani Family has 11 listed entities …

None of Adani portfolio firms subject to any legal case: Group CFO
1 month, 2 weeks ago

None of Adani portfolio firms subject to any legal case: Group CFO

The Hindu  

None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. The Securities and Exchange Commission of the US has also charged Mr. Adani and Mr. Sagar Adani, executives of Adani Green Energy Ltd and Cyril …

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 …

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power
1 month, 2 weeks ago

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power

NPR  

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power We look at the case against multi-millionaire Gautam Adani who along with several other executives, faces allegations that he attempted to bribe Indian officials to secure solar power contracts. SCOTT SIMON, HOST: U.S. prosecutors have indicted one of India's richest men in a multimillion-dollar bribery scheme involving a solar …

Indian-origin Sanjay Wadhwa of SEC to lead probe against Adani Group over bribery indictment: All you need to know
1 month, 2 weeks ago

Indian-origin Sanjay Wadhwa of SEC to lead probe against Adani Group over bribery indictment: All you need to know

Live Mint  

Indian-origin Sanjay Wadhwa, currently serving as the Acting Director of the US Securities and Exchange Commission’s Division of Enforcement, is reportedly spearheading the investigation into the recent allegations of bribery and fraud involving billionaire industrialist Gautam Adani, his nephew Sagar Adani, and other executives of the multinational Adani Group of companies. US bribery indictment scandal against Gautam Adani Gautam Adani …

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