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Adani, India

Fitch puts some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some Adani Group bonds on watch for a possible downgrade after U.S. authorities indicted some key executives of the Indian conglomerate on bribery charges.

The Associated Press on MSN · 16h

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

Barron's on MSN · 13h

Adani Bribery Charges in U.S. Cloud India’s Investment Plans

The U.S. case against Adani won’t help Prime Minister Narendra Modi’s ambition to leap forward as a global manufacturing power, in part by attracting foreign direct investment.

Andhra Pradesh mulls next steps on Adani

Reuters on MSN · 9h

India's Andhra Pradesh mulls next steps on Adani, if power deal can be scrapped

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

Business Today · 59m

Will Andhra govt pull the plug on Adani power contract? State FM says 'digging into all files'

The US indictment alleges that Adani and seven others paid $265 million in bribes to Indian officials between 2021 and 2022 to secure solar power-supply contracts across multiple states, including Andhra Pradesh.

Business Standard · 3h

Andhra govt mulls next steps on Adani, if power deal can be scrapped

Andhra Pradesh's state government was digging into all the internal files from the previous administration, under which the alleged misconduct took place

Adani, Bangladesh and Law firm

U.S. News & World Report · 21h

Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani

A Bangladesh government-appointed committee examining power generation contracts, including one with India’s Adani Power (ADAN.NS), has urged the interim government to hire a global legal firm to ensure a thorough and transparent investigation into deals under former prime minister Sheikh Hasina’s regime.

Bloomberg L.P. · 21h

Bangladesh Will Hire Law Firm to Review Adani Deal Among Six Others

Bangladesh plans to review seven electricity supply contracts, including the one with Adani Power Ltd., signed during former Prime Minister Sheikh Hasina’s rule.

The Times of India on MSN · 1d

Adani US indictment: Bangladesh panel for power pacts' review, including Adani group's

DHAKA: The national review committee of Bangladesh's power and energy ministry on Sunday recommended a review of major power contracts awarded by the ousted Sheikh Hasina govt, including the one to Adani Group in Jharkhand.

Fitch Warns Adani Ports’ Dollar Bonds May Be Cut to Junk

Dollar bonds of Adani Group’s ports business may be cut to speculative grade after US prosecutors brought charges of alleged ...

12h

TotalEnergies pauses business with Adani, says it was not aware of US investigation

TotalEnergies SE said on Monday that it will not make any new financial contribution as part of its investments into the ...

13h

India’s Adani Group Mess Is Terribly Timed For Modi’s Economy

News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...

Indian Retail Investors Stay Hooked on Adani Shares

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...

17h

Breakingviews: Adani presents India with big financing ultimatum

The country’s government may need to nudge local lenders to support the growth of the billionaire’s infrastructure ...

GlobalData on MSN12h

TotalEnergies halts new financial contributions to Adani Group

French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies ...

What to know about billionaire Gautam Adani’s indictment in the U.S.

Hundreds of people protested on Monday in India against billionaire Gautam Adani, who was recently indicted in the U.S. for ...

30m

Fitch takes negative rating actions on Adani Group entities and securities

Fitch Ratings places Adani Group companies on negative watch due to bribery charges, outlook revised to negative.

thedeepdive11h

Scandal Deepens as Quebec Pension Executives Tied To Gautam Adani’s Bribery Scandal

A far-reaching corruption scandal has emerged as U.S. authorities indict three former executives of Quebec’s pension fund ...

2hon MSN

Fitch places some Adani bonds on negative watch after US bribery charges

By Scott Murdoch and Tom Westbrook (Reuters) -Ratings agency Fitch has put some of Adani Group's bonds on watch for a ...

3hon MSN

Japan’s SBI Follows Nomura in Disclosing Adani Funds Exposure

SBI Holdings Inc. has joined Nomura Holdings Inc. and other Japanese financial firms in releasing details of their mutual ...

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Adani, India

Andhra Pradesh mulls next steps on Adani

Adani, Bangladesh and Law firm

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