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India, Adani Group
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, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.
India's Adani Group sees $30 billion in value wiped off after US indictments
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.
Adani Group's US Indictment Sparks Political Storm in India
Allegations of bribery against the Adani Group in the US have fueled political attacks in India, with opposition leaders demanding a thorough investigation. The charges, which Adani denies, are poised to dominate upcoming parliamentary sessions and potentially impact the conglomerate's operations and political dynamics in India.
2d
on MSN
US indictments scythe $27 billion off value of India's Adani Group firms
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ...
59m
Adani Group Denies Pact to Operate Kenya's Main Airport Amid Bribery Allegations
Gautam Adanis group denies entering a pact to operate Kenyas main airport, responding to cancellation reports linked to ...
Newsweek
2d
Billionaire Gautam Adani Charged With Defrauding Investors
Adani
, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in
India
and has since been a power player in the world's most populous nation.
Crude Oil Prices
9d
India’s Adani Group Plans $10B Investment in American Energy
Gautam Adani, founder and chairman of Indian industrial conglomerate Adani Group, said in a social media post platform X on ...
20h
on MSN
Global banks weigh halting fresh credit to India's Adani after US indictment, say sources
Some global banks are considering temporarily halting fresh credit to India's Adani Group but staying put with existing loans ...
20h
Did Adani Group flout disclosure norms? Sebi seeks answer
Markets regulator Sebi is having a preliminary look at whether the Adani Group had violated disclosure norms while its ...
23h
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 ...
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