adani united states news

Chair of India's Adani Group indicted in U.S.

Chair of India's Adani Group indicted in United States

The chair of Indian conglomerate Adani Group, Gautam Adani, has been indicted in the U.S. over an alleged scheme to pay hundreds of millions of dollars in bribes and conceal the scheme from American investors,

Worldcrunch on MSN · 5h

Modi's Support For Indicted Tycoon Adani Could Cost India Dearly

As Indian billionaire Gautam Adani faces U.S. indictment, the implications for his longtime support Prime Minister Narendra Modi's administration are significant — all the while raising concerns about India's sovereignty and the costs of protecting influential business allies.

Barron's · 2d

Why Is Indian Tycoon Gautam Adani Facing US Bribery Charges?

The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.

Adani CFO says US charges linked to only 1 business contract

The Kenya Times on MSN · 1h

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,

Reuters · 6h

Adani CFO says US charges linked to only one business contract

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,

WION on MSN · 2h

Adani Green’s CFO downplays US bribery charges, links allegations 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.

Adani Group could find funding harder

Reuters on MSN · 1d

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.

19h

Adani's bribery scandal raises concern on market, public disclosure lapses

In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report ...

Gautam Adani Indicted in the United States: Billionaire Accused in $250 Million Bribery Scheme

U.S. authorities have charged Gautam Adani, the chairman of the Adani Group and one of the richest people in the world, along ...

Fortune India5h

Adani Group to make detailed comment on U.S. bribery allegations

Adani Group CFO Jugeshinder Singh says the allegations specifically relate to one contract of Adani Green which is roughly 10 ...

Adani bribe-linked company in IPR tangle in US, could impact $10 bn American investment plan

The Commission had received a complaint against two Adani firms: Adani Solar USA Inc., based in Irving, Texas, and ...

Tuko4h

Kenya Cancels Adani's Deals: What This Means for Taxpayers’ Money

The cancellation of Adani’s deals by Kenya has raised questions about the financial implications for taxpayers, with a tax ...

Adani Green Energy Halts $600 Million Bond Sale As Shares Plunge 18% Amid US Bribery Allegations Against Gautam Adani

After the legal trouble for key members of the Adani Group surfaced in the United States, the shares of Adani group today ...

14h

CM Siddaramaiah wants Adani arrested, says bizman is protected

MYSURU: Chief Minister Siddaramaiah has demanded the immediate arrest of business tycoon Gautam Adani, who the United States ...

Gautam Adani’s key man risk is hard to contain

On Wednesday, federal prosecutors accused the conglomerate's chair, Gautam Adani, and several others of fraud by offering ...

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