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Adani Group, US

Adani Group denies FCPA violation: Understanding the US law, other US firms under the scanner, and the implications for them in India

The ports-to-power conglomerate founded by Gautam Adani has been accused of violating the Foreign Corrupt Practices Act by allegedly bribing Indian government officials to secure solar energy project

Reuters on MSN · 18h

Indian shares end lower, pulled down by Adani firms on implications of US indictment

By Bharath Rajeswaran (Reuters) -Indian shares inched lower on Tuesday, weighed down by Adani Group stocks' on worries about the implications of alleged bribery charges by the U.S. against their key executives.

Bloomberg L.P. · 1d

Adani Shares Drew Retail Investors Just Before US Probe Pullback

India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities against its founder, even as institutions largely pared their stakes.

Modi's Party Distances Itself From India's Adani

Reuters on MSN · 15h

Modi's party distances itself from India's Adani amid opposition protests

Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his U.S. indictment over alleged bribery to secure power deals in India. The m

Forbes · 1d

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 Minister Narendra Modi's economy.

The Associated Press on MSN · 1d

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

Adani power deal under scrutiny

Reuters on MSN · 18h

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,

U.S. News & World Report · 1d

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,

Hindustan Times on MSN · 5h

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.

23h

Major fallout for India's Adani Group after U.S. bribery indictment

Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States ...

Silence From Modi Allies Shows Adani Has Political Cover

Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing.

3don MSN

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 ...

17h

Adani hit by downgrades as projects under review in India, Sri Lanka

Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.

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 ...

4don 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.

Newsweek6d

Billionaire Gautam Adani Charged With Defrauding Investors

Adani, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in India and has since been a power player in the world's most populous nation.

Breakingviews: 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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