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Modi's Party Distances Itself From India's Adani

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

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.

Seattle Times · 1d

India’s opposition protests against billionaire facing US bribery and fraud charges

Hundreds of supporters of India’s main opposition party have protested against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose companies’ shares

Major fallout for India's Adani Group

Reuters · 14h

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,

Bloomberg L.P. · 4m

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.

CNBC on MSN · 2d

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 Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.

7hon MSN

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

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

India West2h

Adani Bribery Fallout: Cancellations and Dropped Investments

Internationally, the crisis has led to significant setbacks for Adani’s global operations. Kenyan President William Ruto ...

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 ...

18h

India's Andhra Pradesh mulls next steps on Adani, if power deal can be scrapped

The prospect of a ceasefire agreement between Israel and Lebanon's Hezbollah without a similar deal with Hamas in Gaza has ...

Newsweek5d

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.

Silence From Modi Allies Shows Adani Has Some Political Cover

Prime Minister Narendra Modi’s allies have largely refrained from commenting on the US’s shock bribery allegations against ...

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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