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Major fallout for Adani Group
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 indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
6 fallouts for Adani Group after US bribery indictment
The US has indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company, Adani Green Energy
Major fallout for Adani Group after U.S. 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.
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.
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.
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,
Indian shares subdued as Adani firms fall on implications of US indictments
By Bharath Rajeswaran (Reuters) -Indian shares fell on Tuesday, pressured by Adani Group stocks' decline on worries about the implications of the alleged bribery charges against their key executives in the U.
All 11 Adani Group stocks in red
Adani Group’s corporate governance woes deepen: Fitch places Adani stocks on 'Watch Negative'
Fitch will monitor the situation closely, particularly the outcomes of US investigations and their impact on the financial flexibility of Adani Group entities. “The USDINR pair may face resistance as capital inflows waver,” a market expert noted.
Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations
Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a possible downgrade, as fallout widens from indictments of some key executives of the Indian conglomerate.
All 11 Adani Group stocks in red after Fitch places some of its bonds on negative watch
Fitch Ratings has placed several Adani Group bonds on "watch negative" following the U.S. indictment of key executives from the Indian conglomerate on bribery charges. This includes bonds from Adani Energy Solutions Ltd,
2h
on MSN
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
3m
Market Experts Sound Alarm On Adani Group Stocks. Here's Why?
Should You Invest or Stay Away? Expert Insights by Dharmesh Kant & CA Rudra Murthy. The Adani Group has once again found itself embroiled in controversy, this time over bribery allegations brought ...
17h
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 ...
India Infoline
58m
Adani Group Faces Legal Storm
According to Bernstein Research, Total's financial exposure to Adani companies is between $4 billion and $5 billion ...
GlobalData on MSN
22h
Adani Group faces human rights complaint in Australian coal unit
The complaint alleges Adani staff blocked Aboriginal group access to springs near Queensland's Carmichael coal mine.
2h
on MSN
Adani Group stocks fall up to 8% after Fitch places some Adani bonds on negative watch over US bribery charges
Adani Group stocks are likely to attract attention on Tuesday after GQG Partners, led by Rajiv Jain, reiterated its support ...
21m
No material impact of TotalEnergies’ decision as no funding talks were on: Adani
TotalEnergies, France's largest oil and gas company, first joined hands with Adani in 2018 for a liquefied natural gas (LNG) ...
GlobalData on MSN
16h
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 ...
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