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,
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. In an indictment unsealed in New York, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.
Major fallout for Adani Group after US 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,

Adani, Sri Lanka

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 ...
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 ...
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 ...
ABC News4d
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
The indictment outlines an alleged scheme to pay about $265 million in bribes to government officials in India. The Adani group denied the allegations against directors of Adani Green Energy ...
BBC1y
Adani Group: Can embattled India tycoon recover from $100bn loss?
India's Adani Group has seen its market value plunge after a US investment firm made fraud allegations against it. Can its ambitious growth plans survive? Until two weeks ago, the ...
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 ...
Adani US indictment: Bangladesh panel for power pacts' review, including Adani group's
The national review committee of Bangladesh's power and energy ministry on Sunday recommended a review of major power ...
Weekend news wrap: Assembly polls, Priyanka Gandhi makes political debut, Adani crisis, Border-Gavaskar Trophy & more
Mahayuti wins Maharashtra polls; JMM retains Jharkhand. Priyanka Gandhi debuts with a Wayanad win. US charges Adani with ...