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Major fallout for Adani Group
Adani's 'renewable energy marvel' trapped in US bribery indictment
The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of Paris on completion.
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 Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
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,
Bangladesh, Adani Power and Law firm
Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani
DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with India’s Adani Power (ADAN.NS), has urged the interim government to hire a global legal firm to ensure a thorough and transparent investigation into deals under former prime minister Sheikh Hasina’s regime.
Bangladesh Reviews Power Deals, Including Adani Group Amid US Bribery Case
Bangladesh to review power deals under Sheikh Hasina's leadership, Adani Group scrutinised over unpaid dues and legal issues
Bangladesh Will Hire Law Firm to Review Adani Deal Among Six Others
Bangladesh plans to review seven electricity supply contracts, including the one with Adani Power Ltd., signed during former Prime Minister Sheikh Hasina’s rule.
NewsX
10h
Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
devdiscourse
3h
Adani Bribery Scandal: Unveiling the Allegations
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 ...
cnbctv18
3h
Andhra Pradesh reviewing Adani Power deals; scrapping them is complex, says Nara Lokesh: Report
The review takes place amid allegations against Gautam Adani in the United States, where he has been accused of bribing ...
Fortune India
12h
Adani Green: No new deals with TotalEnergies, growth plans unaffected
French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...
1d
on MSN
Revoke Rs 12,400 cr deals with Adani: Harish to CM
Ex-minister T Harish Rao urges Chief Minister Revanth Reddy to cancel all agreements with Adani worth Rs 12,400 crore, ...
5d
on MSN
Kenya drops over $2.5 billion of Adani deals after US indictment
By George Obulutsa and Aaron Ross NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the ...
4d
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
7h
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 ...
14h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...
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