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.
What you need to know about Adani's U.S. bribery indictment
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous $142 billion ports-to-soybeans business conglomerate.
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,
Adani Group's funding needs in focus after founder's U.S. indictment
The Adani Group's access to funding could be hampered after a U.S. arrest warrant was issued for its billionaire founder Gautam Adani over an alleged $265 million bribery scheme, credit analysts said.
Adani Group stocks, bonds fall for a second day after founder's US indictment
Adani Green Energy, the company at the centre of the case, led losses, tumbling 8.6% while Adani Energy fell 5.6%. U.S. prosecutors have charged Adani and seven other people with
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Sri Lanka ‘should be vigilant’ about Adani power deal following US indictment, say experts
Sri Lanka should be vigilant about the Adani power project in the island, experts said, after Federal prosecutors in New York ...
Adani Ports slumps 20%: Key cash generator under scrutiny amid bribery allegations
A sharp 20% plunge in three Adani Group stocks led to a significant erosion in the combined market capitalization of the ...
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Adani Green, Adani Ports, Adani Transmission: Why Adani group shares are falling
Adani Enterprises bore the brunt of the sell-off, falling 23% during the session. Adani Ports and Special Economic Zone ...
From Australia to Israel, Adani Group projects span the globe
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...
S&P revises outlook on Adani Ports, 2 other Adani entities after bribery charges, says this
AGEL RG2 is a subsidiary of Adani Green Energy Ltd. Although it is ringfenced from the parent, S&P revised its outlook on ...
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Adani group shares stage a sharp rebound; Adani Green Energy, Adani Enterprises, Adani Ports shares surge up to 6%
(Photo: REUTERS) Adani group stocks, including Adani Enterprises, Adani Ports & SEZ, Adani Power and Adani Total ...
Adani Ports SEZ Share Price Live Updates: Adani Ports SEZ Major Underperformer Today
Welcome to the Adani Ports SEZ Stock Liveblog, your ultimate source for real-time updates and analysis of one of the most ...
Analysis: as Adani battles charges and stocks remain volatile, this is what investors should know
Shares of Adani Enterprises, the flagship company of the conglomerate, plunged 7% in early trade to hit a 52-week low of ...
Friday’s relief rally after Adani shock leaves investors richer by ₹7.27 trillion
India’s stock market, however, remains in uncertain territory and could take another 3-4 months to recover, say market ...
Adani Group bonds attract investor interest post fall
Adani Ports and Special Economic Zone (APSEZ) bonds, which fell from 96 cents to 92 cents Thursday, were trading at 90-91 ...
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Adani Group Share Price Highlights: Adani Group stocks closes on mixed note
Some stocks of Adani Group companies recovered loss on the second day after US accused Gautam Adani. Nifty opened 80 points ...
Adani Green Debt Is Major Near-Term Worry, CreditSights Says
Refinancing for Adani Group’s green energy business is the biggest concern in the near term after the indictment of the ...