adani news - Search News

India, gautam adani

Key Detail in Adani Indictment Confirmed by Indian Solar Agency

The Indian agency in charge of auctioning a solar project at the center of Adani Green Energy Ltd.’s indictment confirmed it allotted 2.3 gigawatts capacity to the conglomerate, after the original winner refused to develop them.

AOL · 13h

Everything we know about US indictment of Indian billionaire Gautam Adani

Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country.

The Financial Times · 1d

US indictment of Gautam Adani puts India Inc’s reputation on trial

US criminal and civil charges accusing the group’s founder Gautam Adani of involvement in a $265mn bribery scheme have startled Indian businesspeople and given potent ammunition to Modi’s parliamentary opponents.

Adani Group could find funding harder

Reuters on MSN · 9h

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, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.

The Gazette · 1d

Adani Group funding in focus after US indictment against founder

Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.

The Economic Times on MSN · 1d

Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment

Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.

Adani Green's CFO downplays US bribery charges

Live Mint on MSN · 5h

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.

WION on MSN · 9h

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.

The Kenya Times on MSN · 11h

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,

5hon MSN

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 ...

Bloomberg L.P.22h

Adani to Respond to US Bribery Allegations After Legal Review

The Adani Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...

BJD breaks silence on Adani bribe allegations to Odisha officials: ‘Baseless and incorrect’

The power purchase agreement between SECI, a central PSU, and the state’s power utility Gridco was made in July 2021, when ...

1don MSN

US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men

Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

This account of how the alleged scheme unfolded is drawn from federal prosecutors' 54-page criminal indictment of Adani and ...

1don MSN

Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say

Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...

2don MSN

US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

Indian businessman Gautam Adani, one of the world’s richest people, has been indicted in the U.S. on charges he duped ...

13h

Indian Billionaire Adani Down Again, But Not Out

Indian billionaire Gautam Adani's feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts believe the tycoon will bounce back.

19h

Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible’ Bet

The fact that hundreds of ESG funds are still exposed to Adani Green is “surprising,” according to Mohit Mirpuri, a portfolio ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

India, gautam adani

Adani Group could find funding harder

Adani Green's CFO downplays US bribery charges

Related topics