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Major fallout for Adani Group
Adani's 'renewable energy marvel' trapped in U.S. bribery indictment
Betting big on the clean energy goals of Indian Prime Minister Narendra Modi, billionaire Gautam Adani found backers in France's TotalEnergies and the Qatar Investment Authority as he set out to build the world's biggest renewable energy project.
Major fallout for Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.
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,
Gautam Adani Indictment: 5 Things to know about the alleged bribery charges against the billionaire
US prosecutors have charged Indian billionaire Gautam Adani and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India.In the indictment, prosecutors alleged the tycoon and other senior executives had agreed to the payments to Indian officials to win contracts for his renewable energy company,
Adani, Bangladesh
Bangladesh Will Hire Law Firm to Review Adani Deal Among Six Others
Bangladesh plans to review seven electricity supply contracts, including the one with Adani Power Ltd., signed during former Prime Minister Sheikh Hasina’s rule.
Andhra to review power deal linked to Adani Group amid US SEC charges
The Andhra Pradesh government was set to procure 7,000 MW of solar power from Adani Group through Seci aiming to supply cost-effective power to the agricultural sector
Adani US indictment: Bangladesh panel for power pacts' review, including Adani group's
DHAKA: The national review committee of Bangladesh's power and energy ministry on Sunday recommended a review of major power contracts awarded by the ousted Sheikh Hasina govt, including the one to Adani Group in Jharkhand.
NewsX
3h
Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
Fortune India
5h
Adani Green: No new deals with TotalEnergies, growth plans unaffected
French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...
10h
on MSN
Fitch Places Some Adani Bonds on Negative Watch After US Bribery Charges
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds ...
18h
on MSN
Revoke Rs 12,400 cr deals with Adani: Harish to CM
Ex-minister T Harish Rao urges Chief Minister Revanth Reddy to cancel all agreements with Adani worth Rs 12,400 crore, ...
6h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...
1d
Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani
DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with ...
The Diplomat
7h
Why Sri Lanka Must Rethink its Engagement with Adani Group
For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment ...
4d
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
India Today
2h
Andhra Pradesh government scrutinises previous deals with Adani Group
Andhra Pradesh is examining past deals with Adani due to claims of unethical practices. The government aims to ensure the ...
13h
On Day 1 of Winter Session, opposition demands JPC on Adani
India's opposition parties demanded a parliamentary probe into the Adani Group following allegations of corruption stemming ...
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