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Factbox-Major fallout for India's Adani Group
What Adani’s Indictment Means for India’s Clean Energy Sector
The highlights this week: India’s renewable energy sector will feel the impact of billionaire Gautam Adani’s indictment in the United States, thousands of supporters of former Pakistani Prime Minister Imran Khan take to the streets, and a Bangladeshi Hindu activist is detained on sedition charges.
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,
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 and seven of his associates with securities fraud.
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.
India suspends parliament again in dispute over U.S. action on Adani
India's lower house of parliament suspended proceedings for a second day on Wednesday after disruptions by lawmakers demanding a discussion of the U.S. indictment of billionaire Gautam Adani, while stocks of his group's companies clawed back some losses.
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 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 Xi Jinping’s inner circle and raised questions over whether Donald Trump would intervene in the case.
CNBC's Inside India newsletter: Gautam Adani's U.S. fraud charges could have wider repercussions for India
U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their “bribery scheme.”
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.
What you need to know about Adani US bribery indictment
The Adani Group denies the allegations. Here is what you need to know. THE MAJOR U.S. INDICTMENT Gautam Adani, one of world's richest people, faces his biggest challenge after he was charged along with seven others over alleged bribery related to power supply deals in India,
No bribery charges against Gautam Adani and his nephew in US indictment, claims Adani Green
The Adani Green Energy Limited has claimed no bribery charges have been levelled against billionaire and tycoon Gautam Adani, his nephew Sagar Adani and senior Adani Group executive Vneet Jain in the US indictment,
12h
India shares end higher led by Adani stocks
Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified ...
2d
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 ...
Forbes India
17h
Adani Group denies FCPA violation: Understanding the US law, other US firms under the scanner, and the implications for them in India
The ports-to-power conglomerate founded by Gautam Adani has been accused of violating the Foreign Corrupt Practices Act by ...
2d
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 ...
legit
17h
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 prosecutors ...
National Herald
17h
GOI and public sector SECI “co-conspirators” in Adani bribery scam, says EAS Sarma
Former union power secretary and advisor(energy) to the Planning Commission, says a probe needed in India because the union ...
16h
India stocks to see slow recovery as Adani indictments weigh, analysts say: Reuters poll
India's equity markets will take time to recover from their recent sell-off because they remain overvalued, with last week's ...
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