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Adani Bribery Charges Rocking India

Reuters on MSN · 9h

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,

Hosted on MSN · 1d

Adani Group refutes US allegations of bribery charges against Gautam Adani, Sagar Adani, and other executives

Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jaain have been cleared of any bribery charges, according to the US Department of Justice (DoJ). The DoJ indictment, which has drawn significant media attention,

Bloomberg L.P. · 1d

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.

Moody's Cuts Outlook On Adani Firms To Negative

Wall Street Journal on MSN · 1d

Fitch Ratings Says It May Cut Some Adani Group Bonds to Junk Status

The U.S. rating company said it will monitor the U.S. investigations closely, the outcome of which could reflect significantly weaker corporate governance practices at the Indian conglomerate.

Live Mint on MSN · 1d

Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable

The adverse rating action could hurt the group's ability to raise fresh funds, besides increasing its cost of capital. Adani stocks fell sharply after the rating actions, with Adani Green Energy, at the centre of US indictments,

ET Now on MSN · 1d

Moody’s rating for Adani stocks: Changes outlook to ‘negative’ for 7 entities – List

Moody’s has shifted the rating outlook of seven Adani Group companies to "negative" from "stable" following bribery charges against chairman Gautam Adani in the US. The move signals potential challenges in funding access,

1don MSN

Adani Group's troubles keep growing as financial and legal headwinds get stronger

In another blow to the conglomerate, French energy giant TotalEnergies, on Monday suspended new investments linked to Adani ...

Tuko on MSN2h

Lost nearly $55 bn as US charges sparked rout: Adani Group

India`s Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US ...

2h

Adani Group loses nearly US$55bil in market rout

India’s Adani Group conglomerate says it has lost almost US$55bil in a stock market rout since US prosecutors last week ...

17h

Adani group clarifies charges: no FCPA violation for Gautam Adani

The Adani Group has issued a clarification regarding the charges against its founder, Gautam Adani, following a US indictment ...

51mon MSN

No FCPA violation charge on Gautam, Sagar Adani: Group co

Adani Green Energy said Wednesday that Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with any violation of ...

GlobalData on MSN2d

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.

2d

Adani Group Says Its Companies Have Enough Cash to Meet Debt Payments

Adani Group said its companies have enough cash to meet debt obligations, days after a U.S. indictment against founder Gautam ...

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 ...

ABP Live on MSN3h

Adani Group Stocks Rebound; Shares Surge Amid Bribery Allegations

Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor ...

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