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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, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Adani Group Shares Tumble 20% After US Bribery Indictment
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy contracts.
Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges
Adani Group's funding needs in focus after founder's U.S. indictment
The Adani Group's access to funding could be hampered after a U.S. arrest warrant was issued for its billionaire founder Gautam Adani over an alleged $265 million bribery scheme, credit analysts said.
Billionaire Gautam Adani of India's Adani Group charged in US with bribery; bond deal pulled
Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in a $265
Indian Opposition Parties Deny Any Wrongdoing Linked to Adani Bribery Allegations
Opposition politicians from Indian states named in the U.S. indictment of billionaire Gautam Adani denied any wrongdoing on Friday, after Prime Minister Narendra Modi's party said they had to answer for contracts signed while they were in power.
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government.
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.
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,
US hits Gautam Adani with bribery charges
Matt Gaetz has withdrawn his name from consideration for US attorney-general, and billionaire Gautam Adani faces charges over an alleged scheme to bribe Indian officials. The International Criminal Court has issued an arrest warrant for Israeli Prime Minister Benjamin Netanyahu,
1d
on MSN
Adani Group stocks, bonds fall for a second day after founder's US indictment
Stocks and bonds of India's Adani Group dropped for a second session on Friday after a U.S. arrest warrant was issued for its ...
Fortune India
34m
Adani Group to make detailed comment on U.S. bribery allegations
Adani Group CFO Jugeshinder Singh says the allegations specifically relate to one contract of Adani Green which is roughly 10 ...
cnbctv18
42m
Adani Group CFO says certain disclosures about bribery probe were made in the US
Amid brobery allegations against Gautam Adani and seven other executibe, Adani Group CFO Jugeshinder Robbie Singh has ...
14h
on MSN
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 ...
2d
on MSN
Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York
Shares of India’s Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal ...
23h
From Australia to Israel, Adani Group projects span the globe
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...
8h
on MSN
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 ...
45m
on MSN
'Something is afoot': Adani CFO says none of the 11 public firms are subject to the US indictment
Adani CFO Jugeshinder Robbie Singh said that the charges are related to one contract of Adani Green which comprises 10 per ...
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