Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
Indian Parliament Suspended Again in Row Over U.S. Accusations Against Adani
NEW DELHI (Reuters) -India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
Adani power deal under scrutiny
The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...
Chief Justice Martha Koome last month appointed judges Jairus Ngaah, Moses Ado and Lucy Nguguna to hear the petitions against the Adani deals.
In an escalation of its stateside legal battle, Gautam Adani, chairman of Adani Group, and his nephew, Sagar Adani, were ...
The Adani bribery allegations have embroiled the YSRCP regime in Andhra Pradesh and SECI. Accusations allege Gautam Adani of bribing Indian officials for solar power contracts. The Indian group ...
Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was ...
4don MSN
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...
For the new government, acting upon deals with Adani is more than a legal or economic issue. It is a test of its commitment ...
Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.
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