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Gautam Adani, New York

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 court. The 62-year-old billionaire and the other defendants are accused of paying over $250 million in bribes to Indian government officials to secure solar energy contracts that could generate more than $2 billion in profits.

Hosted on MSN · 2d

Billionaire Gautam Adani indicted in New York on bribery charges

Indian billionaire Gautam Adani and other executives were indicted in New York for roles in a multi-billion-dollar fraud scheme, the US Department of Justice said Wednesday.

NBC New York · 2d

Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Kenya cancels Adani deals

Reuters · 1d

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

Bloomberg L.P. · 1d

Kenya Scraps $2.6 Billion Adani Deals in Wake of US Indictment

Kenyan President William Ruto canceled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after the company’s billionaire founder was charged by the US authorities in a separate bribery scheme.

Yahoo · 1d

Kenya cancels Adani deals after US indictment

It follows accusations that Adani was scheming to pay over $250 million in bribes to Indian government officials, which he denies.

NewsX2d

Decoding The Gautam Adani Controversy – New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay

Decoding The Gautam Adani Controversy - New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay ...

4hon MSN

Gautam Adani, Sagar Adani summoned by US SEC to explain their stand: Report

Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same ...

1don MSN

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

Some global banks are considering temporarily halting fresh credit to India's Adani Group but staying put with existing loans following U.S. prosecutors' indictment of its billionaire founder Gautam ...

Jago News 241d

Adani Group firms' shares and bonds tumble

Shares and bonds of Adani Group firms tumbled on Thursday following its chairman Billionaire Indian industrialist Gautam ...

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