Adani Group CFO Jugeshinder Singh Responds To Bribery Allegations — Here Is What He Said
Adani CFO clarified that recent US report involves only a single contract under Adani Green (10% of its business). None of the group's 11 listed companies are accused of wrongdoing or implicated.
Adani Group CFO Jugeshinder Singh Clarifies US Bribery Allegations, Says 'None Of The Subsidiary Companies Are Accused Of Any Wrongdoings'
The Adani group's CFO Jugeshinder Robbie Singh said in his long post on the social media, 'None of the issuers have accused (companies in our portfolio or specific issuers that are subsidiaries of the public companies) of any wrongdoings'
How Indian Billionaire Gautam Adani's Alleged Bribery Scheme Took off and Unraveled
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo NEW YORK (Reuters) - In June of 2020,
Meet Gautam Adani, the Indian billionaire and business tycoon who was just charged in a massive bribery case in the US
Gautam Adani, the world's 18th-richest person, came under scrutiny from both US prosecutors and a major short-selling group in recent years.
Feds charge Indian billionaire Gautam Adani in multibillion-dollar bribery scheme
Indian billionaire Gautam Adani, one of the world’s richest people, was indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two years.
Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery
Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani's net worth.
Indian billionaire Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges
New York prosecutors said billionaire Gautam Adani and seven of his execs paid massive bribes to the Indian government and hid them from US investors.
Indian tycoon Gautam Adani charged in US over $265 million bribery scheme
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, plunging his conglomerate deep into crisis for the second time in two years.
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
The Hindu4m
None of Adani portfolio firms subject to any legal case: Group CFO
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's ...
Adani Group Shares Tumble 20% After US Bribery Indictment
Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Adani Group firms' shares fall for second session after US indictments
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate ...
tbsnews9m
Indian billionaire Adani down again, but not out
The bombshell indictment in New York on Wednesday accusing Adani and his associates of paying more than $250 million in bribes to secure lucrative government contracts sparked a frenzied sale of stock ...
India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
Adani Group stocks, bonds fall for a second day after founder's US indictment
By Scott Murdoch and Tom Westbrook (Reuters) -Stocks and bonds of India's Adani Group dropped for a second session on Friday ...
The Financial Express4h
From Israel to Bangladesh: A look at Adani Group’s global ventures
Adani Group aims to develop 10 GW of hydroelectric projects across Nepal, Bhutan, Kenya, Tanzania, the Philippines, and ...
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, ...