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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,
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.
Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained
Gautam Adani was charged for allegedly conspiring to pay about $265 million in bribes to Indian government officials to obtain contracts and develop India's largest solar power plant project on November 21.
All 11 Adani Group stocks in red
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.
Fitch puts some Adani bonds on negative watch after US bribery charges
By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after U.S. authorities indicted some key executives of the Indian conglomerate on bribery charges.
All 11 Adani Group stocks in red after Fitch places some of its bonds on negative watch
Fitch Ratings has placed several Adani Group bonds on "watch negative" following the U.S. indictment of key executives from the Indian conglomerate on bribery charges. This includes bonds from Adani Energy Solutions Ltd,
1d
on 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 ...
6h
Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives
Adani Green Energy Ltd (AGEL) said in a statement today that the DoJ indictment does not include these executives in any ...
Tuko on MSN
1h
Lost nearly $55 bn as US charges sparked rout: Adani Group
India`s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US ...
ABP Live on MSN
3h
Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations
Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor ...
1h
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 ...
GlobalData on MSN
2d
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.
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 ...
San Francisco Examiner
1d
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 ...
Channel NewsAsia Singapore
4h
Adani Group says it lost nearly US$55 billion as US charges sparked rout
India's Adani Group conglomerate said on Wednesday (Nov 27) it had lost almost US$55 billion in a stock market rout since US prosecutors last week accused its founder and other officials ...
1h
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 ...
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