Factbox-Major fallout for India's Adani Group

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 indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
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.
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. prosecutors for alleged fraud and bribery
Adani Indictment Taints India’s Green Pitch to the World
A US indictment threatens Indian tycoon Gautam Adani’s efforts to redefine himself as a clean-power champion and secure overseas financing for projects vital to the nation’s energy transition.
Indian shares subdued, tracking Asian peers; Adani stocks rise
By Bharath Rajeswaran -Indian shares were muted on Wednesday, tracking Asian peers on persistent concerns of a global tariff war, while Adani Group stocks rose but are still in focus due to the ripple effects of the bribery charges against its billionaire founder.
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.
Adani Shares Drew Retail Investors Just Before US Probe Pullback
India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities against its founder, even as institutions largely pared their stakes.
Indian shares end lower, pulled down by Adani firms on implications of US indictment
By Bharath Rajeswaran (Reuters) -Indian shares inched lower on Tuesday, weighed down by Adani Group stocks' on worries about the implications of alleged bribery charges by the U.S. against their key executives.
India suspends parliament again in dispute over U.S. action on Adani
Proceedings were disrupted for a second day by lawmakers calling for a discussion of US accusations of bribery and fraud ...
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 ...
The Morung Express4h
Against India's growth story: Congress faces backlash over allegations against Adani Group
"Rahul Gandhi does not oppose Adani or Ambani; he opposes India's development. He has become a spokesperson for anti-India ...
Adani presents India with big financing ultimatum
The country’s government may need to nudge local lenders to support the growth of the billionaire’s infrastructure ...
India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges
Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him ...
Adani Charges to Test Trump’s Desire to Keep India in US Orbit
In 2018, the arrest of an executive with Chinese tech giant Huawei Technologies Co. for breaching US laws shocked President ...
India suspends parliament again in row over U.S. action on Adani
India's lower house of parliament suspended proceedings for a second day on Wednesday after disruptions by lawmakers ...