Billionaire Gautam Adani’s Fortune Shrinks $16 Billion Amid Fallout From Bribery Case
Since the bribery indictment last week, Indian billionaire Gautam Adani's net worth has tumbled almost $16 billion to about $54 billion currently, according to Forbes real-time data. The group is also facing a backlash from investors and business partners.
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,
Now the plan faces a hurdle in the form of a U.S. indictment of Adani, his nephew and executive director Sagar Adani and ...
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
SINGAPORE - Indian billionaire Gautam Adani is one of the richest people in the world, heading India’s largest conglomerate ...
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
Adani Enterprises Ltd. and Wilmar International Ltd. are said to delay a proposed sale of at least 12% in their Indian food ...
Moody's Ratings downgrades Adani group companies due to legal issues, impacting operations and access to capital.
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