Billionaire Gautam Adani indicted in New York on bribery charges
Nov 20, 2024 · Indian billionaire Gautam Adani and other executives were indicted in New York on Wednesday by US prosecutors for their alleged roles in a yearslong, multi-million-dollar bribery and fraud...
Adani Group, a Symbol of India’s Soft Power, Stumbles After …
Dec 12, 2024 · For the past decade, the Adani Group has been the face of India-led development around the world. In India, it owns ports, power plants, mines, airports and even a TV station.
Gautam Adani indicted in US bribery scheme highlights: Former …
Nov 21, 2024 · The indictment statement by the U.S. Securities and Exchange Commission (USSEC) has accused the Adani Group of bribing former Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy among other ...
Shares in India's Adani Group plunge 20% after US bribery, fraud ...
Nov 21, 2024 · NEW DELHI (AP) — One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% in value Thursday after he was indicted by U.S. prosecutors on charges that he duped investors in a massive solar energy project in India by concealing that it was being facilitated by bribes.
India's Adani group to exit consumer goods joint venture with …
Dec 30 (Reuters) - India's Adani group is exiting its consumer goods joint venture with Singapore's Wilmar International (WLIL.SI), opens new tab in a $2 billion deal as it looks to bolster its ...
US indictments scythe $27 billion off value of India's Adani Group ...
Nov 21, 2024 · Adani Group companies lost about $27 billion in market value on Thursday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
Total Energies pauses investments into Adani Group on bribery …
Nov 25, 2024 · French oil major TotalEnergies has halted investments in the Adani Group after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multimillion-dollar bribery scheme.
Billionaire Gautam Adani of India's Adani Group charged in US …
Nov 20, 2024 · Authorities said Adani and seven other defendants, including his nephew, agreed to pay about $265 million in bribes to Indian government officials to obtain solar energy supply contracts...
Billionaire Gautam Adani of India's Adani Group charged in US …
Nov 21, 2024 · NEW YORK (Reuters) -Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, has been indicted in New York over his role in an alleged...
What has India’s Adani Group now been accused of?
Aug 31, 2023 · Millions of dollars were invested in some publicly traded stocks of India’s Adani Group via “opaque” Mauritius funds that “obscured” involvement of alleged business partners of the Adani family,...