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,
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.
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...
Bangladesh to review power deals under Sheikh Hasina's leadership, Adani Group scrutinised over unpaid dues and legal issues ...
The Adani bribery allegations have embroiled the YSRCP regime in Andhra Pradesh and SECI. Accusations allege Gautam Adani of bribing Indian officials for solar power contracts. The Indian group ...
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was ...
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Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Bangladesh chief adviser Muhammad Yunus has recommended appointment of a 'reputed law & investigative firm' to assist in ...
For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment ...
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...
The interim government, headed by Chief Adviser Muhammad Yunus, had formed a committee to review power purchase contracts ...
French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...
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