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Reuters on MSN · 29m

Adani CFO defends against US charges, says linked to one business contract

A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate's other companies are accused of wrongdoing,

The Times of India on MSN · 12m

Gautam Adani US indictment: Adani Group CFO says, ‘none of the 11 public companies are subject to…’

Adani Group CFO Robbie Singh has addressed the recent US indictment, stating that it pertains to a single contract at Adani Green Energy, representing about 10% of their business. He emphasized that none of the conglomerate's eleven listed companies or their subsidiaries are facing accusations.

Mid-Day on MSN · 1d

US SEC charges Gautam Adani in alleged bribery case linked to solar project

The US Securities and Exchange Commission (SEC) has charged Gautam Adani, Chairman of the Adani Group, along with Sagar Adani and Cyril Cabanes, a former executive of Azure Power Global Ltd., for their alleged involvement in a bribery scheme linked to a multi-billion-dollar solar energy project.

Adani Group shares plunge by double digits

The Associated Press on MSN · 6h

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.

Fortune on MSN · 1d

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.

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

His companies’ stocks plunged up to 20% in value Thursday after he was indicted by U.S. prosecutors on charges that he duped investors in a massive solar energy project in India by concealing that it was being facilitated by bribes.

12h

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, ...

18hon 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 ...

Adani US indictment: What are WhatsApp messages quoted in SEC report

US prosecutors have indicted Gautam Adani and associates for allegedly bribing Indian officials to secure solar power ...

12hon MSN

Adani's bribery scandal raises concern on market, public disclosure lapses

In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report ...

2h

Adani Shock Exposes ESG Fund Managers Clinging to ‘Terrible’ Bet

Roughly 770 ESG funds worldwide hold shares of Adani Green Energy Ltd., which just lost about a quarter of its value after US ...

21hon MSN

Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say

Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...

2hon MSN

Adani US indictment: YSRCP dismisses graft charge, says discoms inked pact with SECI

YSRCP condemned the allegations connecting the Andhra Pradesh govt's deal to procure solar power from Solar Energy ...

3h

Adani’s indictment in US vindicates Congress’ stand: Amarinder Warring

Punjab Pradesh Congress Committee chief said the development vindicates the Congress party’s ‘Hum Adani ke Hain Kaun’ ...

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