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The Latest Breaking News from Gautam Adani

Adani Group Says It Lost Nearly $55 Bn As US Charges Sparked Rout

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials of fraud.

International Business Times

Congress Parliamentary Strategy Committee meeting today to chalk out strategy for winter session

The Congress will hold its Parliamentary Strategy Committee meeting today in Delhi to outline its strategy for the winter session of Parliament. Read further on Dynamite News:

Dynamite News

Opposition Protests Against Adani's Indictment In India

Protests in Delhi against Adani's indictment in the U.S. for fraud and bribery, sparking debate over his influence in India's economy.

Top News

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.S. prosecutors for bribery and fraud

The Independent UK

The Indian solar deals embroiled in US indictment against Adani group

The indictment by United States prosecutors against Adani Group chairperson Gautam Adani and seven other executives, including of the firm Azure Power, does not name any officials to whom the defendants allegedly paid bribes totalling Rs 2,029 crore.

Newslaundry

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‘India should be more interested than US’: Editorials on Adani charges

Adani Group’s chairman Gautam Adani and its seven other executives’ indictment in the US for a $265 million bribery scheme involving government solar energy contracts has triggered a fresh wave of controversy.

Newslaundry

Why has Indian billionaire Gautam Adani been charged in a US bribery case?

It’s the latest in a recent series of fraud allegations trailing the embattled billionaire’s Adani Group.

Al Jazeera

Kenya cancels deals with Adani Group after US indicts Indian billionaire

Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after US bribery case

The Independent UK

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government

The Guardian - UK

Kenya Scraps Adani Deals As Ruto Attempts To Reset Presidency

Kenyan President William Ruto sought Thursday to turn the page on a difficult year, cancelling controversial deals with India's Adani Group and vowing to tackle corruption, police kidnappings and gender-based violence.

International Business Times

Adani met YS Jagan in 2021, promised bribe of $200 million, says SEC

Foreign Official #1 is how the indictment order by the United States identifies a high-ranking official in Andhra Pradesh whom Gautam Adani personally met in August 2021 to offer bribes for getting solar contracts.

Newslaundry

India's Adani Says US Charges 'Baseless', Opposition Demand Arrest

The stiff denial came after shares in the industrialist's conglomerate nosedived more than 23 percent in Mumbai, the morning after a bombshell indictment in New York accused him of deliberately misleading international investors.

Latin Times

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The Independent UK

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

Adani’s businesses lost over $150bn in market value last year after Hindenburg Research accused his group of improper use of offshore tax havens

Newslaundry

Why the US has accused Adani of hiding its alleged bribes in India from American investors

When Gautam Adani announced a $10 billion investment in the United States after Donald Trump won the presidential polls earlier this month, there was a far more pressing matter in America that he was ignoring.

Fortune

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 Gautam Adani’s net worth.

Dynamite News

Congress for JPC probe into alleged bribery charges against Adani in US

After a US District Court in New York charged the Chairman of the Adani Group, Gautam Adani, linking him and others to an alleged bribery and fraud scheme. Read further on Dynamite News:

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The Independent UK

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight

The Independent UK

US charges Indian billionaire Gautam Adani with bribery and fraud

Modi ally accused of orchestrating bribery scheme to secure lucrative renewable energy contracts in India

International Business Times

Why Is Indian Tycoon Gautam Adani Facing US Bribery Charges?

The business empire of Gautam Adani is again in turmoil after the billionaire Indian tycoon was charged in the United States with paying exorbitant bribes to secure lucrative government contracts.

International Business Times

India Opposition Leader Demands Tycoon Adani's Arrest After US Charges

Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday.

Newslaundry

Adani’s US ‘arrest warrant’ over bribery: Foreign media points to ‘text trail, ties with Modi’

Update: At 1:41 pm on November 21, 2024, Adani Group-owned NDTV Profit published a report saying that the conglomerate denies the allegations against it and will seek legal recourse.

Top News

Indian Billionaire Gautam Adani Indicted In US Fraud Scheme

Indian billionaire Gautam Adani and executives indicted in New York for alleged multi-billion-dollar fraud scheme involving solar power plant development.

International Business Times

Gautam Adani: Billionaire Indian Tycoon Facing US Bribery Charges

Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, is one of the corporate world's great survivors.

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