Adani's indictment: How one of India's biggest empires descended into chaos
The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.
Everything we know about US indictment of Indian billionaire Gautam Adani
Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country.
After Adani's indictment rocks his empire, what comes next?
An indictment marks the start of legal proceedings and not a declaration of guilt. A grand jury formally charges someone with a crime by issuing an indictment. This does not prove guilt, but it shows sufficient evidence exists to press charges.
Modi's Support For Indicted Tycoon Adani Could Cost India Dearly
As Indian billionaire Gautam Adani faces U.S. indictment, the implications for his longtime support Prime Minister Narendra Modi's administration are significant — all the while raising concerns about India's sovereignty and the costs of protecting influential business allies.
Adani setback 2.0: US indictment sends shockwaves across India and world
US authorities have accused Gautam Adani and Adani Group executives of bribery. The charges involve securing contracts for solar power projects in India. The Adani Group denies the allegations. This situation has impacted the company's financial standing and raised concerns about India's corporate governance.
Adani Group slams ‘baseless' New York fraud and bribery charges
India’s Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group’s chair ...
Billionaire Gautam Adani indicted in New York on bribery charges
Indian billionaire Gautam Adani and other executives were indicted in New York on Wednesday by US prosecutors for their ...
How Adani Bribe Case Will Test the Long Arm of US Law
US prosecutors face steep legal and diplomatic hurdles in their bid to imprison billionaire Gautam Adani for allegedly ...
Law3d
Indian Billionaire Gautam Adani Indicted in Brooklyn for Alleged Orchestration of $250 Million Bribery Plot
Modi is not charged with any wrongdoing. The 54-page indictment, unsealed late Wednesday by the U.S. Attorney’s Office for ...
Adani Green Energy’s Indian Billionaire Leader Charged With U.S. Fraud
Being associated with a renewable energy venture is seen as benign and purposeful for the wealthy. But for India's ...
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 ...
U.S. Charges Indian Billionaire Adani With Fraud Over Bribery Scheme
Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy ...
NewsX3d
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 ...
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.
Adani investor GQG Partners' shares crash 25% — on pace for record loss after Gautam Adani's indictment
This fall is set to be the largest one day fall since the firm’s listing on Oct. 2021, should the losses hold.
Billionaire Gautam Adani indicted in New York in alleged bribery scheme
Indian energy mogul Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York on bribery charges ...
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 ...