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Major fallout for 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,

U.S. News & World Report · 16h

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.

The Economic Times on MSN · 1d

Major fallout for Adani Group after US bribery indictment

Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.

Moody's Cuts Outlook On Adani Firms To Negative

Wall Street Journal on MSN · 1d

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 significantly weaker corporate governance practices at the Indian conglomerate.

Live Mint on MSN · 1d

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

The adverse rating action could hurt the group's ability to raise fresh funds, besides increasing its cost of capital. Adani stocks fell sharply after the rating actions, with Adani Green Energy, at the centre of US indictments,

ET Now on MSN · 1d

Moody’s rating for Adani stocks: Changes outlook to ‘negative’ for 7 entities – List

Moody’s has shifted the rating outlook of seven Adani Group companies to "negative" from "stable" following bribery charges against chairman Gautam Adani in the US. The move signals potential challenges in funding access,

No FCPA violation charge on Gautam, Sagar Adani

Invezz · 18h

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.

Reuters on MSN · 16h

Gautam Adani faces charges for securities law violations, Adani Green says

Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt Practices Act,

The Pioneer on MSN · 4h

Gautam Adani, nephew Sagar, not charged with US FCPA: AGEL

Adani Green Energy (AGEL) on Wednesday clarified that the group's chairman Gautam Adani, his nephew Sagar Adani, the company's managing director Vneet Jaain have not been charged with the US Foreign Corrupt Practices Act (FCPA).

1don 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 ...

The Tribune9m

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, ...

Tuko on MSN3h

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 ...

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 accused its founder and other officials of fraud.

TotalEnergies pauses investments in India's Adani Group after bribery charges

SINGAPORE/SYDNEY, Nov 25 (Reuters) - Adani dollar bond prices fell to almost one-year lows on Monday as investors cut their ...

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 ...

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 ...

GlobalData on MSN2d

TotalEnergies halts new financial contributions to Adani Group

French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies ...

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Major fallout for Adani Group

Moody's Cuts Outlook On Adani Firms To Negative

No FCPA violation charge on Gautam, Sagar Adani

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