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India, Adani Group
Adani's indictment: 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 Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.
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 nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.
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.
3d
on MSN
Adani Group slams 'baseless' New York fraud and bribery charges
Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged ...
24m
Adani notice to go via 'proper channel'; US SEC has no jurisdiction: Report
US SEC will have to serve the summons on Adani Group Founder and Chairman Gautam Adani and his nephew Sagar in the alleged ...
Khaleej Times
1h
US SEC issues summons for India's Adani, nephew on bribery allegations
The summons requires an answer within 21 days, according to the filing dated Wednesday in federal court in the Eastern ...
3d
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 ...
NewsX
59m
Adani Group Chairman Gautam Adani and Nephew Sagar Adani Summoned by US SEC Over $265 Million Bribery Scheme
Adani's Shantivan Farm home in Ahmedabad and his nephew Sagar's Bodakdev home in the same city have received summonses to ...
2d
on 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 ...
3d
on MSN
Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment
The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.
NewsX
3d
Decoding The Gautam Adani Controversy – New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay
Decoding The Gautam Adani Controversy - New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay ...
22h
on MSN
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, ...
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