Adani's 'renewable energy marvel' trapped in US bribery indictment
The crown jewel of Adani Green is an energy park in western Gujarat state planned to be five times the size of Paris on completion.
Adani Group Shares Tumble 20% After US Bribery Indictment
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy contracts.
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
TotalEnergies pauses investments in India's Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
India’s opposition protests against billionaire facing US bribery and fraud charges
Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose companies’ shares have plunged since the charges last week.
Gautam Adani Indictment: 5 Things to know about the alleged bribery charges against the billionaire
US prosecutors have charged Indian billionaire Gautam Adani and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India.In the indictment, prosecutors alleged the tycoon and other senior executives had agreed to the payments to Indian officials to win contracts for his renewable energy company,
TotalEnergies pauses funding for Adani Group after bribery charges
French oil major TotalEnergies was not informed of a U.S. investigation into possible bribery and corruption at Adani Green Energy Limited, it said on Monday, adding it will stop financial contributions to investments with Adani Group companies following last week's U.
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 Bribery Charges in U.S. Cloud India’s Investment Plans
The U.S. case against Adani won’t help Prime Minister Narendra Modi’s ambition to leap forward as a global manufacturing power, in part by attracting foreign direct investment.
Who is Gautam Adani? Indian billionaire hit with fraud charges in U.S.
Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure solar energy ...
Adani presents India with big financing ultimatum
The country’s government may need to nudge local lenders to support the growth of the billionaire’s infrastructure ...
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TotalEnergies Pauses Investing in Adani as US Probes Execs over Bribery
TotalEnergies said it will not make any new investment in Adani until bribery charges in the U.S. against some executives of ...
Feds charge Indian billionaire Gautam Adani in multibillion-dollar bribery scheme
Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian ...
US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
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Meet Gautam Adani, the Indian billionaire and business tycoon who was just charged in a massive bribery case in the US
Related stories From diamond sorter to tycoon Adani was born in Ahmedabad, in the Indian state of Gujarat, in 1962. He ...
Billionaire Gautam Adani Charged With Defrauding Investors
Adani has been charged by U.S. federal prosecutors with defrauding investors for a solar energy project in India.
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Luthra advises lenders' consortium on financing Adani Hybrid Energy's Gujarat hybrid power project
State Bank of India and a consortium of lenders have sanctioned ₹7,163 crore to Adani Hybrid Energy Jaisalmer Five Ltd. for a ...