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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.

The Kenya Times on MSN · 1h

Adani Group CFO Clarifies Deal That Led to Indictment in the US

Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,

The Economic Times on MSN · 1d

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.

What's Next for Gautam Adani

Newsweek on MSN · 1d

Adani Group Shares Tumble 20% After US Bribery Indictment

Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy contracts.

The Associated Press on MSN · 12h

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 controversy and uncertainty continued to roil the Indian tycoon’s businesses after he was indicted by U.

U.S. News & World Report · 1d

What's Next for Gautam Adani After U.S. Bribery, Fraud Charges?

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

National Herald35m

Adani Group CFO says wasn't aware of the 'specificity'

Adani Group CFO Jugeshinder Robbie Singh reveals he was aware "that something is afoot" but wasn't made aware of the ...

1don 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 ...

18hon 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 ...

48m

Adani Group’s Coal Unit Faces Racial Discrimination Complaint in Australia | N18 G

India's Adani Group, whose billionaire chairman has been indicted for fraud by U.S. prosecutors, is facing accusations of ...

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 ...

Wamalwa demands cancellation of SHA deal tied to Adani

DAP-Kenya leader Eugene Wamalwa is urging President William Ruto to cancel the Integrated Healthcare Information Technology ...

devdiscourse19h

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 ...

3hon MSN

Adani group to respond in fullness of time after reviewing matter in detail: Adani Group CFO Jugeshinder Robbie Singh

The Adani group has denied the allegations leveled by the US Department of Justice and the US Securities and Exchange ...

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