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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.

Adani power deal under scrutiny

Reuters · 14h

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 · 2h

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.

18hon MSN

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 ...

India West1h

Adani Bribery Fallout: Cancellations and Dropped Investments

Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto ...

2don MSN

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 ...

14h

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

Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.

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 ...

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 ...

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 ...

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 ...

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 ...

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