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Adani, India

Adani's indictment: How one of India's biggest empires descended into chaos

Gautam Adani, the chairman of India's Adani Group, as well as one of the world's wealthiest people, was indicted along with seven others for his involvement in a large-scale bribery and fraud scheme.

The Associated Press on MSN · 2d

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 plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.

Reuters on MSN · 2d

US indictments scythe $27 billion off value of India's Adani Group firms

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

U.S. News & World Report2d

India's Adani Group Sees $22 Billion in Value Wiped off After US Indictments

including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain ...

Adani Bribery Charges Add to Quebec Pension’s India Nightmare

US bribery charges against Indian billionaire Gautam Adani have ensnared one of Canada’s largest public pension managers, ...

Newsweek2d

Billionaire Gautam Adani Charged With Defrauding Investors

Adani, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in India and has since been a power player in the world's most populous nation.

1don MSN

Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment

Adani’s indictment has triggered a political furor in India, with opposition leaders calling for Adani’s immediate arrest as ...

The Telegraph11h

'Power to you comrades': Kenyan whistleblower thanks India on Adani

“I love how Indians are engaging my tweets about Adani indictment with so much joy! They are celebrating with us, Power to ...

1don MSN

Global banks weigh halting fresh credit to India's Adani after U.S. indictment, say sources

By Shankar Ramakrishnan, Sumeet Chatterjee, Davide Barbuscia and Sinead Cruise HONG KONG/NEW YORK (Reuters) -Some global ...

India Stocks Set for Best Day in Five Months, Adani Shares Swing

India’s benchmark equity gauge headed for its biggest gain since early June, boosted by lenders and market heavyweight ...

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