Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
His companies’ stocks plunged up to 20% in value Thursday after he was indicted by U.S. prosecutors on charges that he duped investors in a massive solar energy project in India by concealing that it was being facilitated by bribes.
Who Is Gautam Adani and Why Has the US Charged Him With Bribery?
Gautam Adani’s spot as Asia’s second-richest person is under renewed threat after US prosecutors charged him in November with suspected bribery, triggering a rout in the stocks of his companies. The Adani Group issued a statement that called the charges baseless.
Stocks and bonds of India's Adani Group dropped for a second session on Friday after a U.S. arrest warrant was issued for its ...
4hon MSN
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
Andhra Chief Minister 'promises' to act on the irregularities, says government in possession of the "chargesheet reports" ...
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Adani Ports and Special Economic Zone (APSEZ) bonds, which fell from 96 cents to 92 cents Thursday, were trading at 90-91 ...
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy ...
Mumbai: Stocks of the Adani Group companies rebounded on Friday, led by Ambuja Cements and ACC Ltd, after witnessing a sharp ...
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...
Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...
Stock exchanges have sought explanations from Adani Group entities over alleged violations of disclosure norms concerning a ...
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