Adani group denies bribery charge, says they are baseless
4 months, 1 week ago

Adani group denies bribery charge, says they are baseless

Deccan Chronicle  

New Delhi: Adani group on Thursday denied charges of paying bribe to secure favourable terms for solar power contracts, saying the allegations by US prosecutors are baseless and the conglomerate is compliant with all laws.It said all possible legal recourse will be sought. "The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied," the group spokesperson said in a statement. Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million bribe to Indian officials in exchange of favourable terms for solar power contracts. Commenting on the development, the spokesperson pointed to US Department of Justice statement that said "the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven guilty".

 denies  power  justice  favourable  bribery  group  allegations  spokesperson  charge  prosecutors  baseless  adani  terms  solar

History of this topic

HC relief for Gautam Adani, Rajesh Adani in market regulations violation case
1 week, 4 days ago

HC relief for Gautam Adani, Rajesh Adani in market regulations violation case

The Hindu  

The Bombay High Court on Monday discharged industrialist Gautam Adani, the chairman of Adani Enterprises Ltd., and the company’s Managing Director Rajesh Adani in a ₹388 crore alleged market regulation violation case filed by the Serious Fraud Investigation Office. Representing the Adanis, senior advocate Amit Desai, submitted, “The SFIO does not have the legal authority or jurisdiction to file a …

India to deliver US summons to Adani for alleged bribe
2 weeks, 1 day ago

India to deliver US summons to Adani for alleged bribe

Live Mint  

The Indian government has asked a local court to deliver a summons issued by the US Securities and Exchange Commission to billionaire Gautam Adani over alleged securities fraud and a $265 million bribery scheme, according to a letter seen by Reuters. The summons, which was issued under Hague Service Convention that does not allow the serving of legal documents directly …

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
2 weeks, 4 days ago

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

Associated Press  

BENGALURU, India — President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. Adani’s energy projects Solar panels are installed at an under-construction site of Adani Green Energy Limited’s Renewable Energy Park in …

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector
Trending News
2 weeks, 4 days ago

US legal troubles for tycoon Adani expose shortcomings in India’s booming solar sector

New Indian Express  

BENGALURU, India: President Donald Trump’s decision to freeze a law banning business bribes overseas could offer Indian tycoon Gautam Adani, one of Asia’s richest people, a reprieve from American corruption allegations linked to a major solar project in India. US prosecutors allege that one of Adani’s companies duped investors by hiding that its project was backed by a $265 million …

Adani bribery case: No request for assistance from U.S. on Adani matter, says Law Ministry
3 weeks, 3 days ago

Adani bribery case: No request for assistance from U.S. on Adani matter, says Law Ministry

The Hindu  

The Union government denied receiving a request for assistance from the U.S. Securities and Exchange Commission to serve summons papers on Gautam Adani and others in the Adani v. SEC bribery case in the U.S. District Court for the Eastern District of New York. In response to a Right to Information response application by The Hindu, the Ministry of Law …

Adani Group revives US investment plans: Reports
3 weeks, 5 days ago

Adani Group revives US investment plans: Reports

Live Mint  

India's Adani Group has revived plans for major infrastructure investments in the US, where the group's founder has been charged with bribery, the Financial Times reported on Sunday. Since the election of President Donald Trump, the conglomerate has reactivated potential plans to fund projects in sectors such as nuclear power and utilities, as well as an East Coast port, the …

Adani Group revives US investment plans amid ongoing bribery case: Report
3 weeks, 6 days ago

Adani Group revives US investment plans amid ongoing bribery case: Report

India Today  

The Adani Group has reportedly revived plans for big-ticket investments in the US, according to a report by the Financial Times newspaper on March 2. "With Trump’s arrival, we have reactivated some plans," one insider reportedly said, though they admitted that Adani could still be facing an “indefinite” legal battle. Another associate said, “We are clear about our intentions, but …

Adani Green Energy seeks to refinance $1.1 billion loan from PFC, others in rupee terms
1 month, 1 week ago

Adani Green Energy seeks to refinance $1.1 billion loan from PFC, others in rupee terms

Live Mint  

Adani Green Energy Ltd., controlled by Indian billionaire Gautam Adani, is in talks with local lenders, including Power Finance Corp., to refinance as much as $1.1 billion worth of dollar debt in rupees, according to people who know the matter. The borrowing would be the firm’s biggest since the U.S. Department of Justice indicted Adani over an alleged bribery plot …

US SEC seeks Indian govt’s help in $250 million Adani bribery probe
1 month, 1 week ago

US SEC seeks Indian govt’s help in $250 million Adani bribery probe

Live Mint  

Bengaluru: The Securities and Exchange Commission has sought the Indian government’s assistance in the US market regulator’s investigation of billionaire Gautam Adani, his nephew Sagar and their role in allegedly paying more than $250 million in bribes to Indian government officials between 2020 and 2024 to obtain lucrative solar-energy contracts. “Defendants are located in India, and the SEC’s efforts to …

US regulator seeks Law Ministry's help in Adani bribery case, shows court filing
1 month, 1 week ago

US regulator seeks Law Ministry's help in Adani bribery case, shows court filing

India Today  

The US Securities and Exchange Commission has requested the Law Ministry's assistance in its investigation into industrialist Gautam Adani and his nephew over alleged securities fraud and a USD 265 million bribery scheme, according to a court filing exclusively accessed by India Today. In November last year, US prosecutors charged Gautam Adani and others with paying USD 265 million in …

Every Indian is mine: PM Modi’s response to question on Gautam Adani bribery case in US
1 month, 2 weeks ago

Every Indian is mine: PM Modi’s response to question on Gautam Adani bribery case in US

Live Mint  

Prime Minister Narendra Modi was asked about bribery allegations against businessman Gautam Adani and if anything was discussed with US President Donald Trump during his meeting with him. Responding to the questions on Gautam Adani bribery case and if it was discussed with Donald Trump, PM Modi said two prominent leaders of two countries never discuss individual issues, while emphasing …

Trump pauses parts of foreign corruption law; Adani stocks up
1 month, 2 weeks ago

Trump pauses parts of foreign corruption law; Adani stocks up

Hindustan Times  

Washington: President Donald Trump has asked the US attorney general to not initiate any new cases and review all old cases under the Foreign Corrupt Practices Act, possibly opening the door for a legal reprieve for billionaire tycoon Gautam Adani and the Adani Group that were indicted under the law in November last year. Trump pauses parts of foreign corruption …

Relief to Adani? Trump pauses enforcement of foreign bribery law
1 month, 2 weeks ago

Relief to Adani? Trump pauses enforcement of foreign bribery law

Deccan Chronicle  

Washington, Feb 11 US President Donald Trump signed an executive order directing the Department of Justice to pause enforcing a nearly half-century-old law that was used to launch a bribery investigation against the Adani Group. The order that Trump signed asked "the Attorney General to review guidelines and policies governing investigations and enforcement actions under the FCPA" in 180 days. …

US Congressmen question Adani indictment, warn it will strain ties with India
1 month, 2 weeks ago

US Congressmen question Adani indictment, warn it will strain ties with India

Op India  

On 10th February, six US Congressmen wrote to newly appointed Attorney General Pamela Bedi, questioning the Department of Justice’s indictment of the Adani Group in an alleged bribery scandal. The Congressmen wrote, “There is no compelling reason to pursue a case in a manner that could complicate relations with an ally like India unless some external factors were at play.” …

Stock markets fall as US tariff concerns, earnings worries sour sentiment
1 month, 2 weeks ago

Stock markets fall as US tariff concerns, earnings worries sour sentiment

Deccan Chronicle  

Indian shares fell on Tuesday, tracking other Asian peers, as concerns around U.S. trade policy and lacklustre domestic earnings continued to sap investor sentiment. The Nifty 50 was down 0.47% at 23,271 as of 10:33 a.m. IST, while the BSE Sensex shed 0.44% to 76,975.9. All 13 major sectors declined, while the broader smallcaps and midcaps lost 2.5% and 2%, …

Adani Power to Adani Green: Adani Group stocks rise after US Congressmen demand probe against Gautam Adani’s indictment
1 month, 2 weeks ago

Adani Power to Adani Green: Adani Group stocks rise after US Congressmen demand probe against Gautam Adani’s indictment

Live Mint  

Adani Group stocks rallied up to 4% on Tuesday after reports that few US Congressmen have written to the newly appointed Attorney General of the United States demanding a probe into the previous Department of Justice's indictment of Adani Group officials Adani Enterprises share price and Adani Power share price jumped more than 4% each, while Adani Green Energy shares …

Adani appoints independent law firms to review U.S. indictment
2 months ago

Adani appoints independent law firms to review U.S. indictment

The Hindu  

Adani group has appointed independent law firms to review the U.S. indictment against its founder chairman Gautam Adani, his nephew and another key executive in a USD 265 million bribery case, according to a stock exchange filing by a group firm. "The company, in discussion with Adani group management, has appointed independent law firms to perform independent review" in the …

‘False and misleading’: Adani Group denies cancellation of Sri Lanka’s $440 million power purchase deal; Here’s why
2 months ago

‘False and misleading’: Adani Group denies cancellation of Sri Lanka’s $440 million power purchase deal; Here’s why

Live Mint  

The Adani Group denied the cancellation of its Sri Lanka power deal on Friday, January 24, dismissing the media reports as 'false and misleading'. The spokesperson of the ports-to-power conglomerate stated on Friday that Adani’s 484 MW wind power projects in Sri Lanka's Mannar and Pooneryn have not been cancelled, and the reports stating otherwise are “false and misleading”. Adani …

Adani Green appoints independent law firms to review US indictment: Report
2 months ago

Adani Green appoints independent law firms to review US indictment: Report

Hindustan Times  

India's Adani Green has appointed independent law firms to review the U.S. indictment of founder Gautam Adani and top Adani Green executives of paying $265 million in bribes for power contracts, it said late on Thursday. In November, U.S. authorities indicted Adani, his nephew and Executive Director Sagar Adani and Managing Director Vneet S. Jaain, alleging that they paid bribes …

CPI wants APERC to scrap agreements with Adani
2 months, 2 weeks ago

CPI wants APERC to scrap agreements with Adani

The Hindu  

The Communist Party of India on Wednesday expressed its objection to the true-up charges being levied on power consumers by the State Discoms. In a memorandum submitted to the AP Electricity Regulatory Authority, CPI state secretary K. Ramakrishna demanded that the APERC scrap the State’s agreement with the Adani Group through the Solar Energy Corporation of India. The U.S. Department …

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
Trending News
2 months, 2 weeks 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, …

‘Chasing rumours abroad risks critical alliances with key partners’: US Congressman slams Biden govt’s decision to investigate Adani
2 months, 2 weeks ago

‘Chasing rumours abroad risks critical alliances with key partners’: US Congressman slams Biden govt’s decision to investigate Adani

Op India  

A US Congressman has strongly opposed the outgoing Biden administration’s decision to investigate Indian business conglomerate Gautam Adani, stating that ‘selective prosecution’ over rumours abroad risks critical alliances with America’s key partners. Republican Congressman Lance Gooden penned a sharply worded letter to U.S. Attorney General Merrick B. Garland, criticizing the indictment of industrialist Gautam Adani and labelling it a “selective …

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe
2 months, 3 weeks ago

‘If India refuses…’: US Congressman questions Biden admin on Gautam Adani probe

Hindustan Times  

Republican lawmaker Lance Gooden has slammed the Joe Biden administration for investigating Indian billionaire Gautam Adani, warning it could strain key alliances. Lance Gooden, in a letter to US attorney general Merrick B Garland, questioned, “What will the US do if India refuses an extradition request?” The Congressman has sought answers on the justice department's ‘selective actions’ against foreign entities, …

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order
2 months, 3 weeks 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 …

Civil, criminal cases against Gautam Adani assigned to one judge: New York court order
2 months, 3 weeks ago

Civil, criminal cases against Gautam Adani assigned to one judge: New York court order

The Hindu  

A New York court has ordered that the criminal and civil cases filed against billionaire Gautam Adani and others in a bribery scheme are “related” and will be assigned to the judge overseeing the criminal case. Gautam Adani indictment: In-depth coverage The order available on the court website of the U.S. District Court Eastern District of New York says that …

Can’t cancel deal with Adani sans evidence: Naidu
2 months, 3 weeks 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 …

Power deals with SECI can't be scrapped without solid proof: Andhra CM Chandrababu Naidu
2 months, 3 weeks ago

Power deals with SECI can't be scrapped without solid proof: Andhra CM Chandrababu Naidu

Hindustan Times  

Amaravati, Andhra Pradesh Chief Minister N Chandrababu Naidu said the state government cannot scrap power purchase agreements with the Solar Energy Corporation of India without obtaining solid proof of bribery allegations. Power deals with SECI can't be scrapped without solid proof: Andhra CM Chandrababu Naidu The Chief Minister’s comments assume significance in the backdrop of Adani being indicted by the …

Adani bribery case: US court orders joint criminal, civil trial against tycoon
2 months, 3 weeks 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
2 months, 4 weeks 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 …

Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal
3 months, 1 week ago

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

Deccan Chronicle  

Dhaka: 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. Bangladesh's de facto power minister Muhammad Fouzul Kabir Khan told Reuters the country now had enough domestic capacity to cope without the Adani …

Amid payment dispute, Bangladesh seeks to reopen power deal with Adani using bribery charges: Report
3 months, 1 week ago

Amid payment dispute, Bangladesh seeks to reopen power deal with Adani using bribery charges: Report

Hindustan Times  

Bangladesh's interim government has reportedly raised concerns over a multi-billion-dollar agreement with Adani Power, accusing the Gautam Adani-led company of not passing on tax benefits related to a power plant critical to the deal, reports Reuters. Bangladesh has been facing delays in payments to Adani Power since the supply began in July 2023, and the two sides are in dispute …

State govt doesn’t have info on Adani’s TN visit: RTI reply
3 months, 1 week 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 …

Adani deal under bribery scrutiny was approved against officials’ advice
3 months, 1 week ago

Adani deal under bribery scrutiny was approved against officials’ advice

Live Mint  

The approach from the Solar Energy Corporation of India on Sept. 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. But just a day after SECI approached the state …

Adani deal under bribery scrutiny was approved against officials’ advice
3 months, 1 week 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 months, 1 week 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 …

HC dismisses plea against state contract to Adani Group
Trending News
3 months, 1 week ago

HC dismisses plea against state contract to Adani Group

Hindustan Times  

MUMBAI: The Bombay high court on Monday dismissed a petition challenging the contract awarded by the state to the Adani Group, for supply of renewable and thermal power electricity, noting that the plea was unsubstantiated and reckless. HC dismisses plea against state contract to Adani Group A division bench of chief justice D K Upadhyaya and justice Amit Borkar also …

U.S. case against India's Gautam Adani appears strong but extradition unlikely, experts say
3 months, 1 week ago

U.S. case against India's Gautam Adani appears strong but extradition unlikely, experts say

The Hindu  

The U.S. fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case, legal experts said, but the tycoon is unlikely to be extradited to stand trial anytime soon. Federal prosecutors in Brooklyn last month unsealed an indictment accusing Mr. Adani of bribing Indian officials to convince them to buy …

India's solar energy agency changes bidding policy after Adani bribery allegations, says source
3 months, 1 week ago

India's solar energy agency changes bidding policy after Adani bribery allegations, says source

The Hindu  

An Indian government agency charged with promoting renewable energy has changed the way it issues power tenders to reduce the risk of corruption after U.S. allegations of bribery in some tenders, said an official with direct knowledge of the matter. SECI, which selects renewable energy producers for projects through bids and then signs deals with power buyers, said last month …

Bombay HC dismisses petition alleging corruption by Maharashtra Deputy CM Eknath Shinde & Adani Group
3 months, 1 week ago

Bombay HC dismisses petition alleging corruption by Maharashtra Deputy CM Eknath Shinde & Adani Group

The Hindu  

The Bombay High Court on Monday dismissed a petition alleging a contract awarded by the Maharashtra government to the Adani Group for supplying renewable and thermal power was a scam, and that the former Chief Minister of Maharashtra and incumbent Deputy CM Eknath Shinde was involved in corruption in awarding the contract. The petitioner alleged that the under Article 21 …

Number Theory: Key takeaways from 2 hard years for the Adani Group
3 months, 2 weeks ago

Number Theory: Key takeaways from 2 hard years for the Adani Group

Hindustan Times  

On November 20, the United States Department of Justice issued an indictment against Gautam Adani and two executives of Adani Green Energy for allegations of bribery in India, which put them in breach of US capital market regulations. In January last year, the group was targeted by a US-based short-seller Hindenburg, which accused it of various irregularities – Indian stock …

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
3 months, 2 weeks 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
3 months, 3 weeks 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 …

Adani Group seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report
3 months, 3 weeks ago

Adani Group seeks SEBI settlement for shareholding violation charges to avoid regulatory action: Report

Live Mint  

Billionaire Gautam Adani-led group has reportedly approached the capital markets regulator Securities and Exchange Board of India, seeking to settle a case in which Adani Group was accused of violating public shareholding regulations. According to the report, the ports-to-power conglomerate's minimum public shareholding requirement violations date back to 2020, and the regulator sought to recover about ₹2,500 crore from the …

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge
3 months, 3 weeks ago

Adani Group Shares Rally: Adani Ports Leads Gains As Sensex, Nifty Surge

ABP News  

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports and Special Economic Zone leading the charge with a 6.02 per cent gain, emerging as the top performer among Sensex and Nifty firms. Other Adani Group stocks also witnessed upward movement on the BSE, with Ambuja Cements rising 5.15 per cent, ACC climbing 2.56 per cent, Adani …

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises
Trending News
3 months, 3 weeks ago

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises

New Indian Express  

NEW DELHI: MPs of several INDIA bloc parties protested on the Parliament premises on Tuesday over the Adani issue and reiterated their demand for a joint parliamentary probe into the matter. The Congress and some other opposition have been demanding a joint parliamentary committee probe following the indictment by US prosecutors of Adani Group chairperson Gautam Adani and other company …

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience
3 months, 3 weeks ago

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience

ABP News  

Shares of Adani Green Energy Ltd witnessed a sharp jump of 9 per cent on Monday, trading at Rs 1,445 on the BSE, following a defiant statement from Adani Group chairman Gautam Adani. Performance of Adani Group Stocks While Adani Green Energy saw significant gains, other group stocks showed mixed results: Adani Ports rose 2 per cent, Ambuja Cements gained …

Explained: Why Adani Green Energy share price rose 9% today
3 months, 3 weeks ago

Explained: Why Adani Green Energy share price rose 9% today

India Today  

Shares of Adani Green Energy Ltd saw a rise in Monday's early trade, surging 9.09% to hit a day high of Rs 1,445. The primary trigger for today’s rise was a statement from the Adani Group’s Chief Financial Officer Jugeshinder Singh, indicating plans to revive a previously scrapped dollar bond offering between April and June 2025. Recently, Adani Green Energy …

Adani group stocks: Why Adani Green Energy shares will be in focus today
3 months, 3 weeks ago

Adani group stocks: Why Adani Green Energy shares will be in focus today

India Today  

Shares of Adani Green Energy Ltd are expected to draw investor attention today following significant developments within the Adani group. Adani group’s Chief Financial Officer, Jugeshinder Singh, said that they may consider reviving their previously scrapped dollar bond between April and June next year. The group is also exploring the possibility of public bond sales for other firms within the …

India’s Adani says his group is committed to compliance after US bribery and fraud charges
3 months, 3 weeks 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 …

How will bribery charges impact Adani?
3 months, 4 weeks 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 …

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