Gautam Adani indicted in US Live Updates: Adani Group ... - Times of India
22 hours ago · US prosecutors have indicted Gautam Adani, his nephew Sagar Adani, and others for allegedly orchestrating a $265 million (₹2,000 crore) bribery scheme to secure solar power contracts in India.
US bribery and fraud charges are a big test yet for India's Adani, …
1 day ago · The latest controversy is likely to put Modi’s Bharatiya Janata Party-led government, seen as close to Adani, in an awkward spot. Amit Malviya, the BJP’s IT head, said in a post on X that the U.S. charges are “allegations and the defendants are presumed innocent unless and until proven guilty,” which critics interpreted as a show of support for the Adani group.
Why has Indian billionaire Gautam Adani been charged in a US …
1 day ago · The billionaire is the founder and chairman of the Adani Group, one of the largest business conglomerates in India. Adani is worth $69.8bn, according to Forbes magazine, and is the world’s 25th ...
US indictments scythe $27 billion off value of India's Adani Group ...
2 days ago · Adani Group companies lost about $27 billion in market value on Thursday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
US charges billionaire Gautam Adani with defrauding investors | AP News
2 days ago · Prosecutors allege that Adani and his co-defendants started plotting the bribery scheme in 2020 or 2021 to guarantee demand for the energy that Adani Green and another firm were under contract to produce for the national government’s Solar Energy Corporation of India. Adani Green and the other firm’s high prices turned off India’s state ...
Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India …
2 days ago · Mr. Adani’s business empire has become central to India during the rise of Narendra Modi, first elected as prime minister in 2014. As Mr. Modi brought India to the center of the world stage, he ...
Billionaire Gautam Adani of India's Adani Group charged in US …
2 days ago · Gautam Adani is worth $69.8 billion, according to Forbes magazine, making him India's second-richest person after Mukesh Ambani. Sagar Adani is an executive director at Adani Green Energy and ...
Billionaire Gautam Adani of India's Adani Group charged in US …
2 days ago · The 62-year-old Adani is worth $69.8 billion according to Forbes magazine, and one of the few billionaires formally accused in the United States of criminal wrongdoing. His fortune makes him the ...
Billionaire Gautam Adani indicted in New York on bribery charges
2 days ago · Gautam Adani, chairman of Adani Group, during an interview at the company's headquarters in Ahmedabad, India, on May 25, 2024. Sumit Dayal/Bloomberg/Getty Images New York/New Delhi CNN —
Adani Charged by US in $250 Million Bribery Case, Shaking India
2 days ago · US prosecutors charged Gautam Adani with helping drive a $250 million bribery scheme, in a stunning blow to India’s most powerful businessman and close ally of Prime Minister Narendra Modi.