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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,
Adani Group Bribery Scandal: Political Turmoil Amidst Allegations
BJP distances itself from Indian billionaire Gautam Adani following a U.S. indictment over alleged bribery for power deals. Opposition demands a parliamentary probe, accusing the ruling party of shielding Adani.
Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
(Bloomberg) 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 ...
10h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...
9h
on MSN
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
devdiscourse
3h
Adani Group's Financial Turmoil Deepens Amidst Bribery Allegations
Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades.
1d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
1d
TotalEnergies pauses investments in India's Adani Group after bribery charges
SINGAPORE/SYDNEY, Nov 25 (Reuters) - Adani dollar bond prices fell to almost one-year lows on Monday as investors cut their ...
GlobalData on MSN
1d
Adani Group faces human rights complaint in Australian coal unit
The complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.
Moneylife
50m
Fitch Puts Adani Group's Infrastructure Entities and Restricted Groups on Negative Rating Watch
Following the bribery charges and indictment of certain board members of Adani Green Energy Ltd (AGEL) by the US Securities ...
1d
Adani Group Says Its Companies Have Enough Cash to Meet Debt Payments
Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam ...
GlobalData on MSN
1d
TotalEnergies halts new financial contributions to Adani Group
French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies ...
Channel NewsAsia Singapore
3h
Major rating agencies downgrade Adani Group following US corruption allegations
A possible hit to Adani Group's access to funding after major rating agencies cast doubt on the outlook for the Indian ...
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