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Factbox-Major fallout for India's Adani Group
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,
Live Q&A: How Adani's US Indictment Rocked His Empire, Indian Markets — and What’s Next
Bloomberg reporters take your questions on what's next for Adani after US charges over an alleged $250 million bribe
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.
3h
on MSN
India suspends parliament again in dispute over U.S. action on Adani
India's lower house of parliament suspended proceedings for a second day on Wednesday after disruptions by lawmakers ...
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 ...
Channel NewsAsia Singapore
2m
Adani Group says it lost nearly US$55 billion as US charges sparked rout
India's Adani Group conglomerate said on Wednesday (Nov 27) it had lost almost US$55 billion in a stock market rout since US prosecutors last week accused its founder and other officials ...
8h
India shares end higher led by Adani stocks
Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified ...
2d
on MSN
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 ...
6d
on MSN
Who is Gautam Adani? Indian billionaire hit with fraud charges in U.S.
Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure solar energy ...
2d
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 ...
6d
on MSN
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
One of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy ...
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