ADANI BRIBERY ISSUE
US charges against Adani, 7 others could lead to arrest warrants, extradition bid: Attorney The US Department of Justice charged Gautam Adani, his nephew Sagar Adani, and others with bribery. They allegedly bribed Indian government officials to secure contracts worth billions of dollars. The US Securities and Exchange Commission also filed...
23 Nov, 2024, 09.59 AM ISTSebi begins inquiry into alleged false statements by Adani Group The regulator has sought information from stock exchanges regarding Adani Green Energy's communications on US investigations, they said, and will consider launching a formal probe after receiving the reports from the bourses.
23 Nov, 2024, 07.35 AM ISTAdani Group could find funding harder after US indictment as banks review credit Gautam Adani's group faces funding issues. Banks may limit credit after a US arrest warrant. The warrant is for an alleged bribery case. Adani's companies lost value in the stock market. Investors are concerned. Some deals are cancelled. Indian auth...
23 Nov, 2024, 01.05 AM IST
Competition regulator unlikely to take cognizance of media reports on Adani bribery issue Ravneet Kaur, CCI Chairperson, stated that the regulatory body is unlikely to investigate the bribery allegations against the Adani Group based solely on media reports. Kaur emphasized that the CCI operates under the Competition Act and requires for...
22 Nov, 2024, 08.46 PM ISTWhat you need to know about the man behind the big jolt to Adani Gautam Adani and seven others face indictment in the US for alleged bribery related to solar energy contracts.
22 Nov, 2024, 06.11 PM ISTS&P Ratings says US allegations may renew questions on governance practices at Adani S&P Global Ratings warns that the US indictment of Adani Group's founder Gautam Adani over bribery allegations could harm the conglomerate's reputation and financial standing. The indictment has already impacted Adani Group's stock and bond prices, ...
22 Nov, 2024, 04.27 PM ISTGautam Adani's biggest trial: How it all started in June 2020 Indian billionaire Gautam Adani and his associates are facing accusations of orchestrating a massive bribery scheme to secure a solar energy contract. US authorities allege that Adani bribed Indian officials and misled US investors, leading to charg...
22 Nov, 2024, 01.52 PM ISTAdani Group under fire, once again: The bribery indictment story so far and what next? Adani Share Price: US prosecutors have accused Gautam Adani and seven others of bribery. They allegedly paid millions in bribes to Indian officials for contracts. Adani Group denies the charges. The company's stocks and bond prices have dropped. Pol...
22 Nov, 2024, 12.17 PM ISTS&P downgrades outlook on three Adani Group firms amid US indictment S&P Global Ratings has downgraded the outlook for three Adani Group companies following US authorities indicting founder Gautam Adani on bribery and fraud charges. The allegations have triggered market losses and raised concerns about the group's co...
22 Nov, 2024, 11.52 AM ISTIndia-US ties have strong foundation: White House confident in navigating crisis over Adani bribery charges The White House expressed confidence in the strong foundation of the US-India relationship amidst bribery charges against Indian billionaire Gautam Adani. The US acknowledged the allegations, while emphasising their commitment to navigating the issu...
22 Nov, 2024, 11.33 AM ISTAdani Group faces funding challenges and halted projects following SEC charges The US Securities and Exchange Commission (SEC) has charged Gautam Adani and seven others with bribery and fraud, impacting the Adani Group's fundraising abilities. The charges led to Adani Green Energy canceling a $600 million bond offering and cau...
22 Nov, 2024, 12.40 AM ISTLong way before charges against billionaire Gautam Adani are framed The US Department of Justice has indicted billionaire Gautam Adani and seven others on charges of bribery, fraud, and obstruction of justice. The indictment alleges a scheme to bribe Indian officials and defraud US investors. Adani maintains his inn...
22 Nov, 2024, 12.31 AM ISTGautam Adani bribery, fraud case: All you need to know about it Gautam Adani $250 mn bribery, fraud case: Gautam Adani and seven co-defendants face U.S. charges of fraud, bribery, and corruption for allegedly falsifying records to secure billions from Wall Street while planning $265 million in bribes to Indian o...
21 Nov, 2024, 07.16 PM ISTRs 2.24 lakh crore gone! Adani stocks record worst day since Hindenburg crisis The Adani Group experienced its worst trading day since the Hindenburg controversy, with a Rs 2.24 lakh crore market cap drop following bribery charges against Gautam Adani and other executives by US prosecutors. Adani's net worth plunged by $12 bil...
21 Nov, 2024, 05.17 PM ISTTMC MP questions 'involvement' of BJP government over bribery charges against Adani Gautam Adani and associates face US charges for allegedly bribing Indian officials to secure favorable solar energy contracts. Opposition leaders, including Saket Gokhale and Mahua Moitra, criticize the Indian government's silence and demand an inde...
21 Nov, 2024, 04.39 PM ISTGautam Adani's wealth plummets by over $12.4 billion: Hindenburg d¨¦j¨¤ vu on the anvil? Gautam Adani and associates were indicted in New York for allegedly bribing officials to secure solar energy contracts. The charges led to a $12.4 billion drop in Adani's net worth and sent Adani Group stock plummeting, sparking concerns about the c...
21 Nov, 2024, 04.22 PM ISTNot sure if covenants violated: SECI on being named in Adani bribery case India's SECI, named in Adani bribery allegations, stated it hasn't received any documents regarding the charges and is unsure of any covenant violations. Adani Group refuted the US authorities' allegations of a $250 million bribery scheme, deeming t...
21 Nov, 2024, 04.18 PM ISTAdani Ports shares sink 20% as Gautam Adani faces US bribery charges Adani Ports Share Price: Shares of Adani Ports & Special Economic Zone plunged 20% to Rs 993.85 on Thursday after U.S. prosecutors indicted Gautam Adani, his nephew Sagar Adani, and six others on charges of bribery and fraud. The indictment claims t...
21 Nov, 2024, 04.10 PM ISTGautam Adani¡¯s wealth drops over $10 billion in a day amid U.S. bribery scandal Billionaire Gautam Adani, chairman of the Adani Group, saw his net worth drop by $10.5 billion to $59.3 billion in a single day, following bribery and fraud charges brought by U.S. authorities. His brother, Vinod Adani, also faced a significant loss...
21 Nov, 2024, 12.56 PM ISTAdani dollar bonds tumble after US bribery charges Adani Port Share Price: Dollar bonds issued by Adani Group companies experienced a significant decline in early Asian trading on Thursday. This followed an indictment in New York against Gautam Adani, the conglomerate's chairman, on allegations of b...
21 Nov, 2024, 12.35 PM IST