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Adani Group could find funding harder

Reuters on MSN · 14h

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.

The Kenya Times on MSN · 17h

Adani Group CFO Clarifies Deal That Led to Indictment in the US

Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,

The Economic Times on MSN · 1d

Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment

Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.

India's Adani Group shares show some recovery

NBC New York · 31m

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.

Associated Press on MSN · 2d

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

Seattle Times · 1d

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 controversy and uncertainty continued to roil the Indian tycoon’s businesses after he was indicted by U.

1h

Adani Group CFO makes BIG statement on US report, says, 'none of the...'

In a statement, Adani Group CFO Jugeshinder Singh strongly dismissed the allegations as unfounded Shivam Verma Updated : Nov ...

2don MSN

Adani Group Shares Tumble 20% After US Bribery Indictment

Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...

The Financial Express28m

Never entered into pact to operate airport in Kenya: Adani Group

On the pact it had signed last month to build and operate key electricity transmission lines in Kenya for 30 years, the group ...

1d

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 ...

1don 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 ...

2don MSN

Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery

Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from ...

Scandal Unfolds: Alleged Bribery Ties YSRCP and Adani Group

Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...

1hon MSN

New petition filed in SC against Adani Group in connection with the US indictment order

A new application was filed in the Supreme Court on Saturday night requesting the addition of new documents related to the US ...

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