adani group india news

Modi's Party Distances Itself From India's Adani

Modi's party distances itself from India's Adani amid opposition protests

Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his U.S. indictment over alleged bribery to secure power deals in India. The m

Forbes · 23h

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 Minister Narendra Modi's economy.

Seattle Times · 1d

India’s opposition protests against billionaire facing US bribery and fraud charges

Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose companies’ shares

Adani, Sri Lanka

Reuters on MSN · 1h

Adani hit by downgrades as projects under review in India, Sri Lanka

Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, whose billionaire founder Gautam Adani has been charged by U.S. authorities over an alleged $265 million bribery scheme.

U.S. News & World Report · 1d

US Agency Conducting Due Diligence on Adani's Sri Lanka Project, Bloomberg Reports

A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group said it is still conducting due diligence on the project in the wake of bribery allegations against the group's billionaire founder Gautam Adani and other top executives,

Bloomberg on MSN · 1d

US Agency Still Reviewing Funding Adani’s Sri Lanka Project

Sign up here.A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.

Major fallout for India's Adani Group

Reuters · 8h

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,

devdiscourse · 1h

Adani Group's Financial Turmoil Deepens Amidst Bribery Allegations

Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades. The allegations involve a $265 million scheme linked to Indian power projects,

The Associated Press on MSN · 5d

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.

India's Andhra Pradesh Mulls Next Steps on Adani

Reuters · 4h

Exclusive: India's Andhra Pradesh state likely to suspend Adani power deal, sources say

India's Andhra Pradesh state is likely to put its power purchase deal linked to Adani Group 'in abeyance citing the U.S. indictment' of the group's billionaire founder Gautam Adani in an alleged bribery scheme,

U.S. News & World Report · 19h

India's Andhra Pradesh Mulls Next Steps on Adani, if Power Deal Can Be Scrapped

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

India Today on MSN · 3h

Andhra Pradesh government scrutinises previous deals with Adani Group

The Andhra Pradesh government is reassessing its past agreements with the Adani Group amid accusations of unethical conduct in public-private partnerships.

ABC News4d

US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men

The indictment outlines an alleged scheme to pay about $265 million in bribes to government officials in India. The Adani group denied the allegations against directors of Adani Green Energy ...

The Gazette5d

Adani Group's funding needs in focus after founder's U.S. indictment

Some analysts said the fallout was unlikely to be limited to the Adani group. "India's renewable energy sector, a critical pillar for global climate goals, may face reduced international ...

BBC1y

Adani Group: Can embattled India tycoon recover from $100bn loss?

India's Adani Group has seen its market value plunge after a US investment firm made fraud allegations against it. Can its ambitious growth plans survive? Until two weeks ago, the ...

From the Urdu Press: ‘INDIA bloc defeat after defeat… it needs to learn the lessons’, ‘Is Adani above Indian law?’

The BJP could script this victory riding on not just its Hindutva plank, but also because of the Mahayuti government’s ...

Breakingviews: 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 ...

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 ...

1don MSN

Adani US indictment: Bangladesh panel for power pacts' review, including Adani group's

The national review committee of Bangladesh's power and energy ministry on Sunday recommended a review of major power ...

Vedanta to proceed with dollar bond sale in first post-Adani India credit test

Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were ...

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