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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 · 1d

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.

The Associated Press on MSN · 1d

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

Major fallout for India's Adani Group

Reuters · 18h

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,

CNBC on MSN · 2d

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.

Bloomberg L.P. · 4h

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 power deal under scrutiny

Reuters · 12h

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

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

U.S. News & World Report · 1d

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,

Hindustan Times on MSN · 42m

Adani power deal under scrutiny: Andhra official

Both the Telugu Desam Party and the state government have discussed this, TDP spokesperson and chairman of the state biodiversity board N Vijaya Kumar said.

4don MSN

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

The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...

India's Adani Says US Charges 'Baseless', Oppostion Demand Arrest

India's Adani Group on Thursday called US charges that their billionaire tycoon founder Gautam Adani had paid more than $250 ...

Adani Indictment Taints India’s Green Pitch to the World

A US indictment threatens Indian tycoon Gautam Adani’s efforts to redefine himself as a clean-power champion and secure ...

U.S. News & World Report6d

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 ...

5don MSN

CNBC's Inside India newsletter: Gautam Adani's U.S. fraud charges could have wider repercussions for India

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government ...

11hon MSN

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, ...

Silence From Modi Allies Shows Adani Has Some Political Cover

Prime Minister Narendra Modi’s allies have largely refrained from commenting on the US’s shock bribery allegations against ...

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