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US SEC issues summons for India's Adani, nephew
Adani Group Chairman Gautam Adani and Nephew Sagar Adani Summoned by US SEC Over $265 Million Bribery Scheme
Adani's Shantivan Farm home in Ahmedabad and his nephew Sagar's Bodakdev home in the same city have received summonses to respond to the SEC within 21 days.
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. the 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.
Indian Opposition Parties Deny Any Wrongdoing Linked to Adani Bribery Allegations
Opposition politicians from Indian states named in the U.S. indictment of billionaire Gautam Adani denied any wrongdoing on Friday, after Prime Minister Narendra Modi's party said they had to answer for contracts signed while they were in power.
Adani Group, Bangladesh
Bangladesh's interim government to probe Adani Group's energy project
Bangladesh 's interim government is now examining power agreements, including one with India's Adani Group. The move comes amid corruption allegations in the country's energy sector. A committee has been formed to recommend if these contracts should be canceled or renegotiated.
Bangladesh to review Hasina-era energy deals, including one with India’s Adani Group
The Adani Group, however, recently sent a letter to the Bangladesh government over its unpaid USD 800 million power supply bill while Bangladesh’s state-run Power Development Board said they had already paid USD 150 million despite its dollar crisis and was expecting to pay the full amount.
Adani's Coal Plant Deal With Bangladesh Under Scanner As Investigation Begins Into Energy Projects
A review committee formed by Bangladesh's interim government on Sunday recommended engaging an investigation agency to examine power agreements signed by deposed prime minister Sheikh Hasina's regime with different business groups,
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on MSN
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
devdiscourse
1h
Bribery Scandal Shakes Adani Empire
The U.S. Securities and Exchange Commission has summoned Indian billionaire Gautam Adani on bribery allegations. The SEC ...
2d
on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...
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Adani Group firms' shares fall for second session after US indictments
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate ...
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on MSN
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 ...
2d
on MSN
Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery
Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from ...
2d
on MSN
Adani Group stocks, bonds fall for a second day after founder's US indictment
By Scott Murdoch and Tom Westbrook (Reuters) -Stocks and bonds of India's Adani Group dropped for a second session on Friday ...
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on MSN
India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
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