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Adani Bribery Charges Rocking India

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,

U.S. News & World Report · 18h

Indian Parliament Suspended Again in Row Over U.S. Accusations Against Adani

India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.

Bloomberg L.P. · 1d

Big Take Asia: The Adani Bribery Charges Rocking India

India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.

Moody's cuts outlook on Adani firms to -ve

Wall Street Journal on MSN · 1d

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 significantly weaker corporate governance practices at the Indian conglomerate.

Live Mint on MSN · 1d

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

The adverse rating action could hurt the group's ability to raise fresh funds, besides increasing its cost of capital. Adani stocks fell sharply after the rating actions, with Adani Green Energy, at the centre of US indictments,

Press Trust of India on MSN · 1d

Moody's cuts outlook on Adani firms to -ve; Fitch puts some Adani bonds on negative watch

Ratings agency Moody's said on Tuesday that it has cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable', citing the US indictment of Chairman Gautam Adani and others on alleged bribery charges,

1don MSN

Adani Group's troubles keep growing as financial and legal headwinds get stronger

In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...

San Francisco Examiner2d

Adani Group says it lost nearly $55 bn as US charges sparked rout

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US ...

Adani Group loses nearly US$55bil in market rout

India’s Adani Group conglomerate says it has lost almost US$55bil in a stock market rout since US prosecutors last week ...

20h

Adani group clarifies charges: no FCPA violation for Gautam Adani

The Adani Group has issued a clarification regarding the charges against its founder, Gautam Adani, following a US indictment ...

GlobalData on MSN2d

Adani Group faces human rights complaint in Australian coal unit

The complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.

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 ...

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 ...

GlobalData on MSN2d

TotalEnergies halts new financial contributions to Adani Group

French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies ...

The Tribune2h

Adani Group’s shares surge up to 20%

Shares of the Adani Group companies gained up to 20 per cent on the BSE in Wednesday’s intra-day trade after Adani Green Energy clarified that allegations against Gautam Adani, Sagar Adani, ...

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Adani Bribery Charges Rocking India

Moody's cuts outlook on Adani firms to -ve

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