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Gautam Adani, India
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. In an indictment unsealed in New York, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.
India's Adani Group sees $30 billion in value wiped off after US indictments
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.
How Indian Billionaire Gautam Adani's Alleged Bribery Scheme Took off and Unraveled
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo NEW YORK (Reuters) - In June of 2020,
1d
on MSN
US indictments scythe $27 billion off value of India's Adani Group firms
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ...
Newsweek
2d
Billionaire Gautam Adani Charged With Defrauding Investors
Adani
, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in
India
and has since been a power player in the world's most populous nation.
15h
Did Adani Group flout disclosure norms? Sebi seeks answer
Markets regulator Sebi is having a preliminary look at whether the Adani Group had violated disclosure norms while its ...
15h
on MSN
Global banks weigh halting fresh credit to India's Adani after US indictment, say sources
Some global banks are considering temporarily halting fresh credit to India's Adani Group but staying put with existing loans ...
18h
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
DW on MSN
1d
Indian opposition says PM Modi protecting Adani
One of the world's richest people, Indian billionaire Gautam Adani has been indicted on multiple counts of fraud in the US.
1d
Adani Group stocks, bonds fall for a second day after founder's US indictment
Adani Green Energy, the company at the centre of the case, led losses, tumbling 8.6% while Adani Energy fell 5.6%. U.S.
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