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Adani Bribery Charges Rocking India
‘Adios Adani!’ Bribery charges threaten group’s Africa ambitions
Amenya also criticised Adani for submitting a “privately initiated proposal” for the airport concession, rather than competing in an open bidding process. However, the person close to Adani said it was Kenyan officials who raised the option of bypassing a tender process.
Adani group stocks gain up to 5% after clarification on US bribery charge
The rally followed a clarification by Adani Green Energy Ltd (AGEL) that dismissed allegations of bribery or corruption charges against key executives.
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.
Adani stocks drop
7 Adani Group Entities' Outlook Changed to Negative by Moody's Ratings
While affirming the ratings of seven companies from the Adani group, Moody's Ratings changed the outlook on all seven issuers to negative from stable. The Adani group issuers affected by the change are Adani Green Energy Ltd restricted group (AGEL RG-1),
Moody's cuts outlook on seven Adani entities to 'negative'
Ratings agency Moody's said on Tuesday that it had cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable,' citing the U.S. indictment of Chairman Gautam Adani and others on alleged bribery charges,
Adani stocks drop as Moody's downgrades outlook for 7 entities
Shares of Adani Group stocks dropped during Tuesday's session after Moody's downgraded the outlook for seven of its companies.
Adani, TotalEnergies
TotalEnergies suspends Adani Green investment, awaiting clarity on bribery case, says CEO
By Ron Bousso and Marwa Rashad LONDON - TotalEnergies will pause investment in its Adani Green energy project until there is further clarity on a U.S. bribery case against Indian billionaire Gautam Adani,
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 following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).
No material impact of TotalEnergies' decision as no funding talks were on: Adani
Embattled billionaire Gautam Adani's group on Tuesday said French energy giant TotalEnergies' decision to pause new investments in the group will not have any material impact on operations and growth
Adani power deal under scrutiny
Exclusive-India's Andhra Pradesh state likely to suspend Adani power deal, sources say
India's Andhra Pradesh state is likely to put its power purchase deal linked to Adani Group 'in abeyance citing the U.S. indictment' of the group's billionaire founder Gautam Adani in an alleged bribery scheme,
India's Andhra Pradesh Mulls Next Steps on Adani, if Power Deal Can Be Scrapped
India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,
Adani power deal under scrutiny: Andhra official
Both the Telugu Desam Party and the state government have discussed this, TDP spokesperson and chairman of the state biodiversity board N Vijaya Kumar said.
55m
Adani Group Says It Lost Nearly $55 Bn As US Charges Sparked Rout
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors ...
23h
on 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 ...
31m
on MSN
Indictment row: Adani Group clarifies no bribery charges against Gautam Adani, Sagar Adani and Vneet Jaain
Adani Green Energy clarified that Gautam Adani, Sagar Adani, and Vneet Jaain are not charged with bribery under the US ...
Bloomberg L.P.
6h
Gautam Adani Not Charged With Violating US FCPA, Group Says
Indian billionaire Gautam
Adani
and his aides have not been charged under the US Foreign Corrupt Practices Act, an
Adani
...
44m
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 ...
1h
Gautam Adani, Sagar Adani, Vneet Jaain Clear Of Bribery Charges: Adani Group On US Allegations
Adani Group chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain are clear of any bribery charges ...
57m
Adani Group says it lost nearly $55 billion since U.S. corruption charges
The Adani Group conglomerate said Wednesday (November 27, 2024) it had suffered a staggering loss of nearly $55 billion since ...
devdiscourse
1h
Adani Group Rebuts US Bribery Allegations as 'Incorrect'
The Adani Group has denied any wrongdoing following bribery allegations levied by the US Department of Justice (DoJ) and the ...
41m
Adani group shares surged up to 6% today; here's what triggered the rally
Adani Green Energy clarified today that allegations against Gautam Adani, Sagar Adani, and senior executive Vneet Jaain under ...
3h
Indian shares set for muted open; Adani Group stocks in focus
Indian shares are set for a muted start on Wednesday, with focus on Adani Group stocks amid deepening trouble at the ...
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