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,
IHC Maintains Confidence In Adani Group Despite US Indictment Of Gautam Adani
Last week, US prosecutors accused Adani, his nephew and executive director IHCof allegedly orchestrating a $265 million bribery scheme to secure Indian power supply contracts
Gautam Adani faces no bribery charges: Adani Group
Embattled billionaire Gautam Adani and his aides have not been charged under the US Foreign Corrupt Practices Act, an Adani Group entity said on Wednesday, adding that they faced three other charges,
What you need to know about Adani US bribery indictment
The Adani Group denies the allegations. Here is what you need to know. THE MAJOR U.S. INDICTMENT Gautam Adani, one of world's richest people, faces his biggest challenge after he was charged along with seven others over alleged bribery related to power supply deals in India,
Adani-US Indictment: Adani Group Clarifies Flawed Understanding, Adanis Not Named In Bribery Case
Adani group has confirmed the acquittal of Gautam and Sagar Adani and has informed the security exchanges about recent indictments in the US. The group's senior members have faced bribery allegations,
Adani Group denies FCPA charges against Adani and others in US bribery case
Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with violating the US Foreign Corrupt Practices Act (FCPA) in connection with a bribery case, the Adani Group clarified on Wednesday.
Abu Dhabi's IHC maintains outlook on Adani Group stakes as stocks rise sharply
International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate ...
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Shares of Adani Group Companies Soar After U.S. Indictment
Shares of the 11 companies that operate under giant Indian industrial conglomerate Adani Group, soared on Wednesday, a week ...
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 ...
Abu Dhabi's IHC says its outlook on Adani Group investments is unchanged
International Holding Co's (IHC) outlook on investments in India's Adani Group remains unchanged, the Abu Dhabi conglomerate ...
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Adani Group's Strategic $1.2 Billion Push: Transforming Kerala's Deep-Sea Port
Adani Group is set to invest an additional $1.2 billion into a deep-sea port in Kerala, India. This move follows a $34 billion market loss after Gautam Adani's legal troubles. Despite past delays, the ...
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 ...
Parliament Suspended Temporarily After Row Over Adani Bribery Case
NEW DELHI, (Reuters) – Both houses of Indian parliament were suspended temporarily on Thursday within minutes of opening as ...
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Adani Group says it has enough cash to cover debt payments for the next year
Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. Adani Group said its listed companies had enough cash to cover debt payments over the coming year ...
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TotalEnergies pauses funding for Adani Group after bribery charges
STORY: TotalEnergies is pausing business with Adani Group, saying in a statement on Monday (November 25) that it will freeze further payments to the Indian conglomerate. It comes after Adani ...
India's parliament suspended temporarily after row over allegations against Adani group
Proceedings were disrupted for a second day by lawmakers calling for a discussion of US accusations of bribery and fraud ...