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India, Adani Group
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.
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. In an indictment unsealed in New York, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.
US indictments scythe $27 billion off value of India's Adani Group firms
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.
5h
on MSN
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 ...
2d
on MSN
How Adani's US fraud charges impact India's economy and politics
Now, the 62-year-old Indian billionaire and a close ally of Prime Minister Narendra Modi, whose sprawling $169bn empire spans ...
Opinion
1h
Opinion
High costs: US charges to cause reputational damage for Adani and India
For a group that works in sectors where the ability to raise money and minimise political risk is essential, such news can ...
U.S. News & World Report
3d
India's Adani Group Sees $22 Billion in Value Wiped off After US Indictments
including his nephew Sagar
Adani
, agreed to pay about $265 million in bribes to Indian government officials to obtain ...
The Economist
4h
The Adani scandal creates a storm for Narendra Modi
F or India’s prime minister, Narendra Modi, it should have been the perfect prelude to the winter session of parliament. Two ...
ThePrint
9h
Bangladesh seeks to review major energy projects including one with India’s Adani Group
A review committee formed by Bangladesh’s interim government on Sunday recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina’s regime ...
2d
on MSN
Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources
By Shankar Ramakrishnan, Sumeet Chatterjee, Davide Barbuscia and Sinead Cruise HONG KONG/NEW YORK (Reuters) -Some global ...
2d
on MSN
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
Adani’s indictment has triggered a political furor in India, with opposition leaders calling for Adani’s immediate arrest as ...
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