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Modi's Party Distances Itself From India's Adani

Modi's Party Distances Itself From India's Adani Amid Opposition Protests

Police detain a supporter of India's main opposition Congress party during a protest against Indian billionaire Gautam Adani, after he was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, in New Delhi, India, November 25, 2024. REUTERS/Anushree Fadnavis

Forbes · 23h

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 Minister Narendra Modi's economy.

The Associated Press on MSN · 1d

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.

Adani, Sri Lanka

Reuters on MSN · 1h

Adani hit by downgrades as projects under review in India, Sri Lanka

Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, whose billionaire founder Gautam Adani has been charged by U.S. authorities over an alleged $265 million bribery scheme.

Bloomberg on MSN · 1d

US Agency Still Reviewing Funding Adani’s Sri Lanka Project

Sign up here.A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still conducting due diligence on the project, following bribery allegations against the conglomerate’s billionaire founder and other top executives.

U.S. News & World Report · 1d

US Agency Conducting Due Diligence on Adani's Sri Lanka Project, Bloomberg Reports

A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group said it is still conducting due diligence on the project in the wake of bribery allegations against the group's billionaire founder Gautam Adani and other top executives,

India's Andhra Pradesh Mulls Next Steps on Adani

Reuters · 4h

Exclusive: India's Andhra Pradesh state likely to suspend Adani power deal, sources say

India's Andhra Pradesh state is likely to put its power purchase deal linked to Adani Group 'in abeyance citing the U.S. indictment' of the group's billionaire founder Gautam Adani in an alleged bribery scheme,

Business Times · 38m

India's Andhra Pradesh state likely to suspend Adani power deal

India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.

Zawya · 2h

India's Andhra Pradesh state likely to suspend Adani power deal, sources say

The southern state will ask the federal government and the Solar Energy Corporation of India to investigate the bribery charges, the sources said

7hon MSN

Factbox-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 ...

2don MSN

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 ...

3don MSN

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.

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 ...

Silence From Modi Allies Shows Adani Has Some Political Cover

Prime Minister Narendra Modi’s allies have largely refrained from commenting on the US’s shock bribery allegations against ...

4don MSN

Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments

One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged ...

Vedanta to proceed with dollar bond sale in first post-Adani India credit test

Vedanta Resources, which postponed a planned sale of dollar bonds last week after the Adani group's top officials were ...

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

DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with ...

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