Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
3 months, 4 weeks 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 a stepping stone for a more resilient Adani Group,” said Adani said at the 51st Gem and Jewellery Awards in Rajasthan's Jaipur. On November 20, US prosecutors alleged that $250 million in bribes were paid to Indian officials to get favourable terms on solar power contracts won by Adani Green Energy Ltd and Azure Power Global Ltd, a New Delhi-headquartered firm. "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," a spokesperson of the business conglomerate said on November 21.

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History of this topic

HC quashes ₹388 crore fraud case against Adanis after 13 years
1 week, 5 days ago

HC quashes ₹388 crore fraud case against Adanis after 13 years

Hindustan Times  

Mumbai: The Bombay High Court on Monday discharged Adani Enterprises Ltd and its promoters from a probe initiated by the Serious Fraud Investigation Office into allegations of share price manipulation and fraudulent stock market activities. HC quashes ₹ 388 crore fraud case against Adanis after 13 years The court ruled that the allegations did not meet the legal requirements for …

HC relief for Gautam Adani, Rajesh Adani in market regulations violation case
1 week, 5 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, 2 days 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 …

Adani bribery case: No request for assistance from U.S. on Adani matter, says Law Ministry
3 weeks, 4 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, 6 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
4 weeks 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 …

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 …

PM Narendra Modi says he didn't discuss Gautam Adani's issue with Donald Trump: ‘When it comes to personal matters…’
1 month, 2 weeks ago

PM Narendra Modi says he didn't discuss Gautam Adani's issue with Donald Trump: ‘When it comes to personal matters…’

Hindustan Times  

Prime Minister Narendra Modi said he did not discuss the bribery charges that the US government had levelled against billionaire Gautam Adani during his meeting with US President Donald Trump. Speaking at a joint news conference with Trump, PM Modi said, “Firstly, India is a democratic country, and our culture and our thought philosophy is, ‘Vasudhaiva Kutumbakam,’ which basically means …

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. …

Six U.S. Congressmen write to new Attorney General against Adani's indictment
1 month, 2 weeks ago

Six U.S. Congressmen write to new Attorney General against Adani's indictment

The Hindu  

As many as six U.S. Congressmen have written to the newly appointed Attorney General of the United States against "questionable" decisions made by the U.S. Department of Justice such as the indictment against the Adani Group in an alleged bribery scam, which "jeopardises the relationship with close ally India". "Some of these decisions involved selectively pursuing and abandoning cases, often …

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%, …

Donald Trump halts US enforcement of law banning overseas bribes. What does it mean for Gautam Adani case?
1 month, 2 weeks ago

Donald Trump halts US enforcement of law banning overseas bribes. What does it mean for Gautam Adani case?

Hindustan Times  

US President Donald Trump on Monday signed an executive order directing the Department of Justice to pause prosecutions of Americans accused of bribing foreign government officials while trying to win or retain business in their countries. Gautam Adani, the founder of Adani Group, and US President Donald Trump Donald Trump's order pauses enforcement of the nearly half-century-old Foreign Corrupt Practices …

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 …

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 …

The Closure of Hindenburg Research – and the Legacy It Leaves Behind
2 months, 1 week ago

The Closure of Hindenburg Research – and the Legacy It Leaves Behind

The Quint  

First, while Hindenburg Research focused on firms based in many countries, the impact on those associated with emerging economies need to be evaluated. Responding to actions by the US authorities in November 2024, French oil firm TotalEnergies, a joint venture partner for the Adani Group, announced that it was not going to make fresh investments in its join projects with …

Hindenburg closure not a clean chit for Adani group: Congress
2 months, 1 week ago

Hindenburg closure not a clean chit for Adani group: Congress

The Hindu  

The Hindenburg Research Group’s closure does not in any way mean a clean chit for the Adani group, the Congress said on Thursday, reacting to Hindenburg founder Nate Anderson’s announcement on disbanding the U.S.-based short seller. The party has reiterated its demand for a Joint Parliamentary Committee investigation into alleged “acts of blatant favouritism and brazen criminality” by the Adani …

Hindenburg Research To Shut Down: A Look Back At Short-seller's Allegations Against Adani Group
2 months, 1 week ago

Hindenburg Research To Shut Down: A Look Back At Short-seller's Allegations Against Adani Group

ABP News  

Hindenburg Research founder Nathan Anderson announced on Wednesday that he would disband the firm, whose reports led to massive short-selling by investors and sparked investigations by authorities. In his message, Anderson wrote, “As I’ve shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. Here Is A Look At The …

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
Trending News
2 months, 3 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, 3 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, …

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani
2 months, 3 weeks ago

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani

The Hindu  

Challenging the decision of the Biden administration to investigate the activities of billionaire Gautam Adani, an influential Republican lawmaker in the U.S. has said such selective actions risk damaging critical alliances with key partners. “The Department of Justice’s selective actions risk damaging critical alliances with key partners like India, one of America’s strongest allies in the Asia-Pacific region,” Mr. Gooden …

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 …

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

US attorney who indicted Gautam Adani in New York court to resign
3 months, 1 week ago

US attorney who indicted Gautam Adani in New York court to resign

India Today  

United States Attorney for the Eastern District of New York, Breon Peace, has announced his resignation, effective January 10, 2025, just days before the inauguration of Donald Trump as the President of the United States. Breon Peace, who has served in the role since October 15, 2021, has been a key figure in several high-profile cases, including the fraud indictment …

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 …

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 …

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, 3 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 …

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?
3 months, 3 weeks 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 …

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 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 …

Adani group stocks: Why Adani Green Energy shares will be in focus today
3 months, 4 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 …

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 …

Gautam Adani says his group committed to compliances; 'every attack makes us stronger'
3 months, 4 weeks ago

Gautam Adani says his group committed to compliances; 'every attack makes us stronger'

Deccan Chronicle  

Jaipur: Adani group chairman Gautam Adani on Saturday responded to recent allegations and indictment in the US, saying that the conglomerate was committed to compliances and "every attack makes us stronger". What I can tell you is that every attack makes us stronger," he said addressing the 51st Gems and Jewellery Award here. On November 20, 2024, the United States …

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani
3 months, 4 weeks 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 on US indictment: ‘Every attack makes us stronger’
3 months, 4 weeks 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 …

'Every Attack Makes Us Stronger... And After Every Fall, We Will Rise Again': Gautam Adani
3 months, 4 weeks ago

'Every Attack Makes Us Stronger... And After Every Fall, We Will Rise Again': Gautam Adani

ABP News  

Gautam Adani, chairman of Adani Group, on Saturday highlighted the conglomerate's resilience amidst challenges, declaring that "every attack makes us stronger, every obstacle becomes a stepping stone for a more resilient Adani Group." The event, hosted by the Gem & Jewellery Export Promotion Council and attended by industry luminaries, also served as a platform to discuss strategies for overcoming challenges …

The Adani-Modi Nexus Faces Its Greatest Test
3 months, 4 weeks ago

The Adani-Modi Nexus Faces Its Greatest Test

The Hindu  

Published : Nov 30, 2024 18:52 IST - 15 MINS READ To contend that the indictment of Gautam Adani, his nephew, and their associates, in the United States has dealt a blow to the ambitions of one of India’s, and the world’s, richest men, would be an understatement. The 30,000-word report of the New York-based short-selling firm Hindenburg Research published …

'Every attack makes us stronger': Gautam Adani amid row over US indictment
Trending News
4 months ago

'Every attack makes us stronger': Gautam Adani amid row over US indictment

India TV News  

In his first public address following recent allegations and a U.S. indictment, Gautam Adani, Chairman of the Adani Group, reiterated his company's resilience, declaring that "every attack makes us stronger." Speaking at the 51st Gems and Jewellery Awards on Saturday, Adani addressed the legal challenges his conglomerate is facing, following charges of securities fraud and violations of anti-bribery regulations related …

Adani U.S. indictment: What is the diplomatic impact? Watch Video
4 months ago

Adani U.S. indictment: What is the diplomatic impact? Watch Video

The Hindu  

It’s been more than a week since the US Department of Justice, FBI and the Securities and Exchange Commission issued indictments- charging the Adani group, its top leadership including Gautam Adani of a conspiracy to bribe Indian government officials for contracts, and defrauding US investors by raising capital through bonds issues. The Adani group has denied the charges - 5 …

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