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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,
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.
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 have plunged since the charges last week.
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,
58m
on MSN
Airports to cooking oil: the many businesses of India's Gautam Adani
(Reuters) -Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of ...
The Economist
1h
The Adani bribery case could upend Indian business and politics
Even these projects, all part of India’s Adani Group, barely convey the scale of a conglomerate so intertwined with ...
1h
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 ...
4h
Adani wipeout hurts but won't derail foreign investor faith in India
SINGAPORE, Nov 28 (Reuters) - Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment ...
The Caravan
1h
The Adani saga will leave India strategically vulnerable on the global stage
The recent indictment of Adani's companies by a New York court has put the Modi government in an embarrassing position ...
1h
India’s other renewable energy firms should shield sector from Adani bribery fallout
Gautam Adani was charged with allegedly paying US$265 million in bribes related to power supply contracts in Indian states.
4h
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 ...
abp LIVE
4m
Adani Power In Top 80 Percentile Of Global Electric Utilities In S&P Global CSA Score
Adani Power Ltd., a part of Adani portfolio companies, on Thursday said that it has achieved an exceptional score of 67 (out ...
Reuters
12h
Adani charges highlight broader India solar risks
MUMBAI, Nov 28 (Reuters Breakingviews) - The U.S. indictment of Gautam
Adani
has thrown a spotlight onto the rolling risks ...
Foreign Policy
15h
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 ...
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 ...
3d
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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