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Gautam Adani, New York

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 court. The 62-year-old billionaire and the other defendants are accused of paying over $250 million in bribes to Indian government officials to secure solar energy contracts that could generate more than $2 billion in profits.

The Indian Express · 2d

Arrest warrant issued against Gautam Adani in New York for alleged bribery: What this means, what happens next

The warrant against Adani was issued after an indictment. What is an indictment in the US legal system and what does it mean for Adani and his alleged conspirators? We explain.

The Associated Press on MSN · 19h

US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men

Indian tycoon 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

1don MSN

Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say

Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...

Law1d

Indian Billionaire Gautam Adani Indicted in Brooklyn for Alleged Orchestration of $250 Million Bribery Plot

Modi is not charged with any wrongdoing. The 54-page indictment, unsealed late Wednesday by the U.S. Attorney’s Office for ...

CNN3d

Billionaire Gautam Adani indicted in New York on bribery charges

Indian billionaire Gautam Adani and other executives were indicted in New York on Wednesday by US prosecutors for their alleged roles in a yearslong, multi-million-dollar bribery and fraud ...

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his ...

Adani Group stocks go into a tailspin, crash up to 23% after US indicts Chairman and 7 others on bribery charges

Adani Group shares experienced significant losses on November 21 following reports of Gautam Adani's indictment in New York ...

Jago News 241d

Adani Group firms' shares and bonds tumble

Shares and bonds of Adani Group firms tumbled on Thursday following its chairman Billionaire Indian industrialist Gautam ...

1don MSN

Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources

Some global banks are considering temporarily halting fresh credit to India's Adani Group but staying put with existing loans following U.S. prosecutors' indictment of its billionaire founder Gautam ...

2don MSN

Adani vs. Hindenburg: How one of India's biggest empires descended into chaos

The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra ...

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