Adani's 'renewable energy marvel' trapped in US bribery indictment
The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of Paris on completion.
Adani Bribery Scandal: Unveiling the Allegations
The Adani bribery allegations have embroiled the YSRCP regime in Andhra Pradesh and SECI. Accusations allege Gautam Adani of bribing Indian officials for solar power contracts. The Indian group refutes claims amidst investigation by authorities.
Billionaire Gautam Adani’s Fortune Shrinks $16 Billion Amid Fallout From Bribery Case
Since the bribery indictment last week, Indian billionaire Gautam Adani's net worth has tumbled almost $16 billion to about $54 billion currently, according to Forbes real-time data. The group is also facing a backlash from investors and business partners.
Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
Major fallout for Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
Billionaires: Gautam Adani's conglomerate scraps $600m bond sale after US bribery charges
Adani Group units scrapped a $600 million dollar bond sale after US prosecutors charged founder Gautam Adani with participating in an alleged bribe plot. The Indian conglomerate decided not to proceed with the offering after announcements by the Department of Justice and the Securities and Exchange Commission,
Factbox-Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
Gautam Adani Indictment: 5 Things to know about the alleged bribery charges against the billionaire
US prosecutors have charged Indian billionaire Gautam Adani and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India.In the indictment, prosecutors alleged the tycoon and other senior executives had agreed to the payments to Indian officials to win contracts for his renewable energy company,
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Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
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Andhra Pradesh reviewing Adani Power deals; scrapping them is complex, says Nara Lokesh: Report
The review takes place amid allegations against Gautam Adani in the United States, where he has been accused of bribing ...
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'Let him defend himself', says BJP about Adani amid opposition protests
Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his ...
Fitch Places Some Adani Bonds on Negative Watch After US Bribery Charges
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds ...
Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani
DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with ...
Kenya's president cancels major deals with Adani Group
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was ...
Kenya drops over $2.5 billion of Adani deals after US indictment
By George Obulutsa and Aaron Ross NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the ...
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Adani Green: No new deals with TotalEnergies, growth plans unaffected
French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...