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Adani bribery case could upend Indian business and politics
Adani Group CFO rejects bribery allegations, India says no US request yet on case
By Dhwani Pandya, Shilpa Jamkhandikar and Shivam Patel MUMBAI/NEW DELHI (Reuters) -The finance chief of India's Adani Group on Friday rejected U.S. allegations that executives, including Chairman Gautam Adani,
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
NEW DELHI -- Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
The Adani bribery case could upend Indian business and politics
Even these projects, all part of India’s Adani Group, barely convey the scale of a conglomerate so intertwined with government priorities that it is almost synonymous with Prime Minister Narendra Modi’s India.
2d
on MSN
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 ...
11h
Adani Green soars 19% as group stocks recover sharply amid ongoing U.S. legal challenges
Shares in India’s Adani Group have been rallying on the back of the group’s statement refuting bribery charges against its ...
4d
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 ...
5h
Adani Green Dollar Bond May be Revived Mid-2025, Group CFO Says
Adani Green Energy Ltd. will consider resurrecting its scrapped dollar bond between April and June, Group Chief Financial ...
2d
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 ...
BBC
1y
Adani Group: Can embattled India tycoon recover from $100bn loss?
India
's
Adani
Group
has seen its market value plunge after a US investment firm made fraud allegations against it. Can its ambitious growth plans survive? Until two weeks ago, the ...
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