Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led several
Adani Group deals at risk: How countries have reacted after bribery charges
The recent bribery charges by US authorities, made public last week, have led to several countries revisiting or cancelling deals with the group.
Fitch Places Some Adani Bonds on Negative Watch After US Bribery Charges
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds are now on "watch negative", Fitch said. Ratings on four Adani subsidiary senior unsecured dollar bonds were downgraded from stable to negative, the agency said.
Major fallout for Adani Group after US bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.
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.
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,
Factbox-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 ...
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Adani Green: No new deals with TotalEnergies, growth plans unaffected
French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...
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Sri Lanka probes Adani projects after US charges
Both the finance and foreign ministries had been asked to review infrastructure projects awarded to the Indian conglomerate ...
Adani Group's troubles keep growing as financial and legal headwinds get stronger
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...
Revoke Rs 12,400 cr deals with Adani: Harish to CM
Ex-minister T Harish Rao urges Chief Minister Revanth Reddy to cancel all agreements with Adani worth Rs 12,400 crore, ...
Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani
DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with ...
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Why Sri Lanka Must Rethink its Engagement with Adani Group
For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment ...
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Adani Power Under Pressure After Report Reveals Andhra Government To Abandon Deal With Company
As per a Reuters report, the Andhra Pradesh government headed by BJP-ally and TDP's N Chandrababu Naidu is considering ...