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Adani Group, India
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 Bribery Fallout: Cancellations and Dropped Investments
Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto recently canceled a procurement process that was set to award control of Kenya’s main airport to Adani, while a committee in Bangladesh has called for a thorough legal review of Adani’s power generation contracts in the country.
Adani's indictment: How one of India's biggest empires descended into chaos
The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.
5h
on MSN
Adani hit by downgrades as projects under review in India, Sri Lanka
Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, ...
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 ...
7h
From the Urdu Press: ‘INDIA bloc defeat after defeat… it needs to learn the lessons’, ‘Is Adani above Indian law?’
The BJP could script this victory riding on not just its Hindutva plank, but also because of the Mahayuti government’s ...
4h
on MSN
Modi's party distances itself from India's 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 ...
energy.economictimes.indiatimes
10h
Adani Green issues clarification on TotalEnergies’ statement; says no material impact on growth plan
Adani Green Energy (AGEL) on Tuesday issued an official clarification in connection with TotalEnergies’ statement on its ...
18h
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 ...
17h
India's Andhra Pradesh mulls next steps on Adani, if power deal can be scrapped
The prospect of a ceasefire agreement between Israel and Lebanon's Hezbollah without a similar deal with Hamas in Gaza has ...
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