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Factbox-Major fallout for India's Adani Group
Factbox-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,
Indian Parliament Suspended Again in Row Over U.S. Accusations Against Adani
India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.
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.
1d
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...
33m
No bribery charges, $55 billion hit on m-cap: Adani Group
Adani Green Energy Ltd said group founder chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain ...
The Tribune
55m
Adani Group’s shares surge up to 20%
Shares of the
Adani
Group
companies gained up to 20 per cent on the BSE in Wednesday’s intra-day trade after
Adani
Green Energy clarified that allegations against Gautam
Adani
, Sagar
Adani
, ...
3h
Adani Group loses nearly US$55bil in market rout
India’s Adani Group conglomerate says it has lost almost US$55bil in a stock market rout since US prosecutors last week ...
1d
on MSN
Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status
The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect ...
19h
Adani group clarifies charges: no FCPA violation for Gautam Adani
The Adani Group has issued a clarification regarding the charges against its founder, Gautam Adani, following a US indictment ...
GlobalData on MSN
2d
Adani Group faces human rights complaint in Australian coal unit
The complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.
2d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
2d
Adani Group Says Its Companies Have Enough Cash to Meet Debt Payments
Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam ...
Tuko on MSN
3h
Lost nearly $55 bn as US charges sparked rout: Adani Group
India`s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US ...
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