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Adani Group could find funding harder

Reuters on MSN · 20h

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, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.

The Gazette · 2d

Adani Group's funding needs in focus after founder's U.S. indictment

U.S. prosecutors say Adani, his nephew Sagar Adani and others bribed Indian officials to gain business advantages in renewable energy projects in India that benefitted Adani Green and a company called Azure Power, which was listed on the New York Stock Exchange until late 2023.

The Kenya Times on MSN · 23h

Adani Group CFO Clarifies Deal That Led to Indictment in the US

Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,

India's Adani Group shares show some recovery

Fortune on MSN · 2d

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 Gautam Adani's net worth.

The Associated Press on MSN · 1d

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 controversy and uncertainty continued to roil the Indian tycoon’s businesses after he was indicted by U.

CNBC on MSN · 3d

Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

Shares of India’s Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

2don 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 ...

2d

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 ...

1don 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 ...

Scandal Unfolds: Alleged Bribery Ties YSRCP and Adani Group

Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...

2don 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 ...

2d

Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani

Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...

India Today on MSN1h

US bribery case against Adani reaches Supreme Court, Sebi in the dock

After Gautam Adani and his associates were charged in a bribery case in the US, a fresh application filed in the Supreme ...

Gautam Adani Faces Another Blow as SEBI Launches Probe Against Adani Group | Paisa Live

Adani faces another setback following an American court's decision, as SEBI has initiated an investigation into allegations ...

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