Major fallout for Adani Group

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 indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
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.
Major fallout for Adani Group after U.S. bribery indictment
Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.
Indian shares subdued as Adani firms fall on implications of US indictments
By Bharath Rajeswaran (Reuters) -Indian shares fell on Tuesday, pressured by Adani Group stocks' decline on worries about the implications of the alleged bribery charges against their key executives in the U.
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.
Gautam Adani Indictment: 5 Things to know about the alleged bribery charges against the billionaire
US prosecutors have charged Indian billionaire Gautam Adani and seven others in an alleged bribery and fraud scheme related to a renewable energy project in India.In the indictment, prosecutors alleged the tycoon and other senior executives had agreed to the payments to Indian officials to win contracts for his renewable energy company,

Fitch puts some Adani bonds on negative watch

Adani, TotalEnergies and Green Energy

Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the ...
Adani bribery allegations: Ex-YSRCP Minister distances himself from SECI deal
Former Andhra Pradesh Energy Minister denies knowledge of alleged bribery scandal involving Adani Group and SECI solar power ...
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Adani Green issues clarification on TotalEnergies’ statement; says no material impact on growth plan
Adani Green Energy (AGEL) on Tuesday issued an official clarification in connection with TotalEnergies’ statement on its ...
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Plea in Madras High Court Seeks Probe Into Gautam Adani's Alleged Corruption, Cites US Indictment In Bribery Case
A plea has been filed in the Madras High Court urging the Indian government to investigate corruption charges against ...
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 ...
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Andhra minister considers scrapping Adani deal, says digging into files: Report
The development comes in the wake of bribery and fraud charges against Adani Group chairperson Gautam Adani and his ...
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Adani Green Share Price: Stock slumps 8% to hit 52-week low; down 40% in 6 days
Adani Green Energy shares on Tuesday extended the losing streak to the sixth session in a row as they tumbled nearly 8 per ...
No money given to Adani so far for Sri Lankan port project, says US development agency
GQG Partners, one of Adani group’s largest backers, had pointed to the US International Development Finance Corporation’s ...