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Adani Group could find funding harder
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.
Adani Group funding in focus after US indictment against founder
Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.
Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment
Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.
2d
on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...
1d
Adani Group firms' shares fall for second session after US indictments
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate ...
2d
on MSN
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
NEW DELHI -- Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks ...
2d
on MSN
Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery
Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from ...
1d
on MSN
Adani Group stocks, bonds fall for a second day after founder's US indictment
By Scott Murdoch and Tom Westbrook (Reuters) -Stocks and bonds of India's Adani Group dropped for a second session on Friday ...
1d
on MSN
India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
2d
on MSN
Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York
Shares of India’s Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal ...
devdiscourse
1d
Scandal Unfolds: Alleged Bribery Ties YSRCP and Adani Group
Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...
2d
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Newsweek
3d
Billionaire Gautam Adani Charged With Defrauding Investors
According to an indictment unsealed on Wednesday, the 62-year-old billionaire and head of the
Adani
Group
conglomerate is charged with securities fraud and conspiring to commit securities and wire ...
2d
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...
NewsX
2h
New Petition Filed In SC Against Adani Group In Connection With The US Indictment Order
The inclusion of these new documents could play a crucial role in shaping the future of the case and determining the extent ...
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