Major fallout for Adani Group

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.
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,
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.
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.
Indian shares subdued as Adani firms fall on implications of US indictments
By Bharath Rajeswaran (Reuters) -Indian shares fell on Tuesday, pressured by Adani Group stocks' decline on worries about the implications of the alleged bribery charges against their key executives in the U.
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,
Analysis-Adani's 'Renewable Energy Marvel' Trapped in U.S. Bribery Indictment
Now the plan faces a hurdle in the form of a U.S. indictment of Adani, his nephew and executive director Sagar Adani and ...
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
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 ...
ST Explains: What are the Adani indictments and how do they affect S’pore’s financial sector?
SINGAPORE - Indian billionaire Gautam Adani is one of the richest people in the world, heading India’s largest conglomerate ...
Adani Wilmar Said to Defer Stake Sale Amid US Bribery Charges
Adani Enterprises Ltd. and Wilmar International Ltd. are said to delay a proposed sale of at least 12% in their Indian food ...
Exclusive: India's Andhra Pradesh state likely to suspend Adani power deal, sources say
India's Andhra Pradesh state is likely to put its power purchase deal linked to Adani Group 'in abeyance citing the U.S.
cnbctv1814m
Andhra Pradesh likely to suspend Adani power deal: Report
The development comes after US authorities framed Gautam Adani and other executives of the group for allegedly paying $265 ...
Adani Shares Drew Retail Investors Just Before US Probe Pullback
India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities ...
Moody’s takes negative rating action on seven Adani entities
Moody's Ratings downgrades Adani group companies due to legal issues, impacting operations and access to capital.
Adani Green Energy Says No New Financial Commitment Under Discussion With TotalEnergies
(Reuters) - Adani Green Energy said on Tuesday there is no new financial commitment under discussion with TotalEnergies, a ...
Explained: Adani's 'renewable energy marvel' trapped in U.S. bribery indictment
Billionaire Gautam Adani is facing challenges with his ambitious renewable energy project in India, following a U.S. indictment accusing him, his nephew, and an executive of bribing officials for ...
Japan’s SBI Follows Nomura in Releasing Adani Funds Exposure
SBI Holdings Inc. has joined Nomura Holdings Inc. and other Japanese financial firms in releasing details of their mutual ...