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India, Adani Group
US indictments scythe $27 billion off value of India's Adani Group firms
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
His companies’ stocks plunged up to 20% in value Thursday after he was indicted by U.S. prosecutors on charges that he duped investors in a massive solar energy project in India by concealing that it was being facilitated by bribes.
Who is Gautam Adani? Indian billionaire hit with fraud charges in U.S.
Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure solar energy supply contracts.
1d
India's Adani says US charges 'baseless', opposition demand arrest
India's Adani Group on Thursday called US charges that their billionaire tycoon founder Gautam Adani had paid more than $250 ...
51m
Centre must arrest Adani to save India's reputation, says DK Shivakumar
There is no point in protecting Adani, government has to protect the people of the country who have invested thousands of ...
18m
SEBI's first reaction on Gautam Adani bribery case, begins inquiry into...
This comes after the US Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) indicted the group’s ...
19h
on MSN
Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources
By Shankar Ramakrishnan, Sumeet Chatterjee, Davide Barbuscia and Sinead Cruise HONG KONG/NEW YORK (Reuters) -Some global ...
The Telegraph
3h
'Power to you comrades': Kenyan whistleblower thanks India on Adani
“I love how Indians are engaging my tweets about
Adani
indictment with so much joy! They are celebrating with us, Power to ...
Engineering News-Record
4h
Feds Charge India Energy Billionaire Adani in Bribe Scheme, Putting US Investors at Risk
Officials in Kenya have already canceled major contracts with Gautam Adani's companies, with funding for projects in other ...
17h
India Stocks Set for Best Day in Five Months, Adani Shares Swing
India’s benchmark equity gauge headed for its biggest gain since early June, boosted by lenders and market heavyweight ...
1d
on MSN
U.S. case against Adani targets a close ally of Indian prime minister
NEW DELHI — When U.S. prosecutors Wednesday unveiled fraud and bribery allegations against Gautam Adani, they charged not ...
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