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Adani CFO defends against US charges, says linked to one business contract
A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate's other companies are accused of wrongdoing,
Factbox-Who Are the Defendants Charged in US Indictment of Gautam Adani?
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo (Reuters) - U.
Why Is Gautam Adani Indicted?
Adani and other executives have been accused of offering INR 2,029 crore in bribes to government officials for securing lucrative solar energy supply contracts
What you need to know about Adani's U.S. bribery indictment
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous $142 billion ports-to-soybeans business conglomerate.
Who Is Gautam Adani and Why Has the US Charged Him With Bribery?
Gautam Adani’s spot as Asia’s second-richest person is under renewed threat after US prosecutors charged him in November with suspected bribery, triggering a rout in the stocks of his companies. The Adani Group issued a statement that called the charges baseless.
Key events in Gautam Adani's US indictment over alleged bribery scheme
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme in India, plunging his conglomerate deep into crisis for the second time in two years.
The many disputes of Indian billionaire Gautam Adani
Indian billionaire Gautam Adani and his ports-to-power conglomerate Adani Group were hit by a new controversy on Thursday after U.S. prosecutors charged him in an alleged bribery and fraud scheme, accusations the group denied.
Why Is Indian Tycoon Gautam Adani Facing US Bribery Charges?
The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.
Bloomberg L.P.
9h
Adani to Respond to US Bribery Allegations After Legal Review
The
Adani
Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...
8h
on MSN
Adani's indictment: How one of India's biggest empires descended into chaos
Gautam Adani, the chairman of India's Adani Group, as well as one of the world's wealthiest people, was indicted along with ...
16h
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, ...
6h
Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible’ Bet
Roughly 770 ESG funds worldwide hold shares of Adani Green Energy Ltd., which just lost about a quarter of its value after US ...
15h
on MSN
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.
50m
Indian Billionaire Adani Down Again, But Not Out
Indian billionaire Gautam Adani's feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts believe the tycoon will bounce back.
32m
None of Adani portfolio firms subject to any legal case: Group CFO
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO ...
Press Trust of India on MSN
18m
US SEC summons Gautam Adani, nephew Sagar in alleged bribery case
Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US ...
22h
on MSN
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
Adani’s indictment has triggered a political furor in India, with opposition leaders calling for Adani’s immediate arrest as ...
10m
Weekend Wrap: From Adani stocks to Paytm, top market movers and news of week
Indian investors set a record in October with ₹25,322.74 crore in SIPs and over 10.12 crore accounts. The IPO market excelled ...
Reuters
9h
Adani CFO says US charges linked to only one business contract
NEW DELHI, Nov 23 (Reuters) - A U.S. bribery indictment of Indian billionaire Gautam
Adani
is linked to one contract of ...
1h
on MSN
Adani group to respond in fullness of time after reviewing matter in detail: Adani Group CFO Jugeshinder Robbie Singh
The Adani group has denied the allegations leveled by the US Department of Justice and the US Securities and Exchange ...
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