Shares in India's Adani Group plunge 20% after US bribery, fraud ...
3 days ago · 1 of 5 | . India’s opposition Congress party leader Rahul Gandhi, center, addresses the media on Indian businessman Gautam Adani, after Adani was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India, in New Delhi, India, Thursday, Nov. 21, 2024.
US indictments scythe $27 billion off value of India's Adani Group ...
3 days ago · Adani Group companies lost about $27 billion in market value on Thursday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
Adani News | Gautam Adani indicted in US Live Updates: Why is Adani …
3 days ago · Adani Enterprises saw a dramatic 22.99% fall, while other key stocks like Adani Ports, Adani Green Energy, and Adani Total Gas dropped between 18% and 20%. Several group companies hit their ...
Why has Indian billionaire Gautam Adani been charged in a US …
2 days ago · The billionaire is the founder and chairman of the Adani Group, one of the largest business conglomerates in India. Adani is worth $69.8bn, according to Forbes magazine, and is the world’s 25th ...
Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India …
3 days ago · Mr. Adani’s business empire has become central to India during the rise of Narendra Modi, first elected as prime minister in 2014. As Mr. Modi brought India to the center of the world stage, he ...
Adani case: Why the latest US court filings and SEC disclosures are …
3 days ago · Nearly 22 months after the Adani group faced a barrage of charges and allegations of manipulation and accounting fraud scheme from US-based short-seller Hindenburg Research, the Indian business conglomerate headed by Gautam Adani is now rocked by allegations of major bribery charges to sign power contracts in a US court.. The fresh allegations filed in the US District court, Brooklyn, are far ...
Gautam Adani: How US fraud charges against him impact India's …
2 days ago · With six coal-fired power plants, Mr Adani is India's largest private player in power. At the same time, he has pledged to invest $50bn in green hydrogen and runs a 8,000km (4,970 miles)-long ...
Billionaire Gautam Adani indicted in New York on bribery charges
3 days ago · Gautam Adani, chairman of Adani Group, during an interview at the company's headquarters in Ahmedabad, India, on May 25, 2024. Sumit Dayal/Bloomberg/Getty Images New York/New Delhi CNN —
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery ...
3 days ago · Gautam Adani, chairman of Adani Group, during a Bloomberg Television interview at the company's headquarters in Ahmedabad, Gujarat, India, on May 25, 2024. Sumit Dayal/Bloomberg via Getty Images
India's 2nd-wealthiest person charged by U.S. in $250 ... - NBC News
3 days ago · U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian...