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Adani Bribery Charges Rocking India
India banks are reviewing Adani Group exposure after US charges, sources say
By Siddhi Nayak, Sarita Chaganti Singh and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) - Indian lenders, including State Bank of India, are reviewing their exposure to Adani Group and examining whether they need to tighten their due diligence when offering new loans to them,
Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained
Gautam Adani was charged for allegedly conspiring to pay about $265 million in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project on November 21.
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.
1h
on MSN
Analysis-Adani Wipeout Hurts but Won't Derail Foreign Investor Faith in India
Erstwhile darlings such as consumer-goods seller Hindustan Unilever, Nestle India and soft drink maker Dabur India have also ...
2h
Major fallout for India’s Adani Group after US bribery indictment, and other key scandals
Some nations and investors have either scrapped deals or stopped investments in the Adani Group. Read more at ...
2h
on MSN
Adani fraud allegations rock Indian Parliament as opposition demands probe into billionaire's firms
India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against ...
1h
on MSN
Israel backs India's Adani after US bribery allegations, Israeli envoy says
By Rishika Sadam HYDERABAD, India (Reuters) -Israel wants India's Adani Group to continue to invest in the country, Israel's ...
Outlook Business
2h
Adani Bribery Allegations Highlight India’s Renewable Energy Challenges
India's renewable energy output has seen growth, with solar generation reaching 115.97 TWh in 2023, up from 102.02 TWh in ...
Foreign Policy
13h
What Adani’s Indictment Means for India’s Clean Energy Sector
The highlights this week: India’s renewable energy sector will feel the impact of billionaire Gautam Adani’s indictment in ...
3h
Airports to cooking oil: the many businesses of India's Gautam Adani
Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply ...
2d
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 ...
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