Adani is charged with foreign bribery, securities fraud, securities fraud conspiracy and wire fraud conspiracy
Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over $250 million (about Rs 2,100 crore) bribe to Indian officials in exchange for favourable terms
'Allegations can have long-term impact on cost of borrowing'
At its peak, it was worth $136.3 bn at the end of July this year
Raveendran allegedly recruited Hailer, who is a former political consultant, to try to buy out US creditors owed more than $1.2 billion under a loan
DPIIT approval was part of the resolution plan which was put to vote and approved by 99.96 per cent of the Committee of Creditors (CoC)
Experts say that under the provisions of US law, particularly the FCPA, an indictment of this nature is a serious offence
The company expects revenue per available room (RevPAR) growth to remain strong, with like-for-like RevPAR to grow in high single digits
JSW MG was the second largest electric car company in India in October, with its three models selling 4,878 units. Tata Motors was just a shade ahead with 5,067 units sold of its six models
AEL says Adani Solar secured its largest single-yr order from a key American utility firm
The aim is to remove redundant roles, improve efficiency, increase margin and attain profitability, according to the sources
The regulator said investigations into the allegations against Adani Group were completed in almost all matters, and that the chief had made relevant disclosures
The Adani group had also been awarded a deal to construct power transmission lines in Kenya, East Africa's business hub
The voluntary recall is aligned with the global market action, the two-wheeler maker said in a statement.
The indictment also names New Delhi-based Azure Power, which had won a similar tender for supply of 4 GW
India Inc. will likely continue to tap the dollar bond market in the long run, given the strong demand for high-yield papers
Rs 20 lakh fee was a filter, says Zomato's Goyal
News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group
As per the circular, Enviro Infra Engineers has allotted over 1.31 crore equity shares to 22 funds at Rs 148 apiece, which is also the upper end of the price band
These units, which are about the same size as standard refrigerators or wine coolers, allow the crew to enjoy freshly picked vegetables in the middle of the ocean, it added