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gautam adani, India
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.
Indian tycoon Adani's US indictment spooks investors; bonds fall again
India's Adani Group bonds were under pressure for a second session Friday following billionaire founder Gautam Adani's indictment for fraud by U.S. prosecutors and arrest warrants issued for him over an alleged $265 million bribery scheme.
Gautam Adani's Fall: Indictment, Allegations Whistleblower Sparks Scandal
Indian billionaire Gautam Adani, one of the world's richest men, has been indicted for fraud and bribery by U.S. prosecutors in a $265 million corruption scandal.
US SEC summons Gautam Adani, nephew Sagar
Adani Summoned by US SEC to Explain Position in Bribery Case
Indian billionaire Gautam Adani and his nephew, Sagar Adani, were summoned by the US Securities and Exchange Commission to explain allegations that they paid more than $250 million in bribes to win solar-power contracts,
Gautam Adani, nephew Sagar Adani summons by US regulator
Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days.
Gautam Adani, nephew Sagar Adani summoned by US SEC in $265 million bribery case
Gautam Adani and Sagar Adani have been summoned to respond to allegations of bribery in US. The US SEC alleges they paid bribes to secure solar energy contracts in India.
Adani Green's CFO downplays US bribery charges
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday.
Adani Green’s CFO downplays US bribery charges, says allegations linked to a single contract
On Wednesday, Adani, one of the world’s wealthiest individuals, and seven others were charged by US prosecutors in connection with a $265 million scheme to bribe Indian officials for power-supply contracts.
Adani Group CFO Clarifies Deal That Led to Indictment in the US
Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,
21h
on MSN
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
devdiscourse
10m
Supreme Court Urged to Investigate Gautam Adani Indictment
A new plea in the Supreme Court has been filed, asking for an investigation into billionaire Gautam Adani's indictment. The ...
The Kenya Times on MSN
30m
Ruto Speaks of Cancelling SHIF Over Adani Connection
President William Ruto has addressed cancelling the Social Health Insurance Fund (SHIF) because of its connection to the ...
7h
on MSN
How Adani Bribe Case Will Test the Long Arm of US Law
US prosecutors face steep legal and diplomatic hurdles in their bid to imprison billionaire Gautam Adani for allegedly ...
19h
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require ...
2d
on MSN
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon and one of Asia's richest men, Gautam Adani, may be facing his biggest challenge yet with an indictment by U.S.
The Financial Express
7m
Govt appeals for smooth Parliament session, Opposition demands discussion on Adani, Manipur
This comes amid demands from the opposition, especially the Congress, to raise the issue of alleged bribery charges against ...
Deccan Herald
2h
Bangladesh seeks to review major energy projects including one with India’s Adani Group
The statement, issued by Chief Adviser Muhammad Yunus’s office, said the committee was currently reviewing seven major energy ...
2h
on MSN
Gautam Adani: US summons & a new twist in India intensify billionaire's troubles
Gautam Adani's business empire faced a new wave of turmoil as a US court indictment accused him of orchestrating a $250 ...
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