Factbox-Major fallout for India's Adani Group

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,
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.
TotalEnergies pauses investments in India's Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
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,
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 ...
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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 ...
Gautam Adani's group REACTS to TotalEnergies' decision pausing new investments, says 'will not have any...'
TotalEnergies is one of the biggest foreign investors in Adani's business empire and had previously taken stakes in the group ...
Market Experts Sound Alarm On Adani Group Stocks. Here's Why?
Should You Invest or Stay Away? Expert Insights by Dharmesh Kant & CA Rudra Murthy. The Adani Group has once again found ...
Moody's revises outlook on seven Adani group entities to 'negative'
The charges and allegations include bribery of Indian government officials, securities and wire fraud, conspiracy to violate ...
Fortune India7m
Moody's changes outlook on 7 Adani group entities to 'negative'
Moody's says the change in the outlook on the seven Adani entities to "negative" comes amid the indictment charges in the U.S ...
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 ...
Adani, Wilmar delay share sale as US bribery charges hit Adani group
Adani Wilmar Ltd., an equal joint venture between India's Adani Group and the Singapore-based commodity trader, was slated to ...
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After Fitch, Moody's takes ratings action against seven Adani Group Companies
The change in the outlook of the seven Adani Group companies, will likely weaken Adani Group's access to funding and increase ...
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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.
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Sri Lanka probes Adani projects after US charges
Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate ...