Page 10 - Gautam Adani

Will not compromise on demand for JPC probe into Adani issue: Ramesh

Jairam Ramesh noted that the opposition parties will also demand a discussion on Manipur and Nagaland

Adani Group shares surge up to 7%; extend recovery post Maha poll verdict

Last week, shares of Adani Group tanked up to 28% after Gautam Adani, along with other executives, were charged by US prosecutors with bribery, fraud charges.

Vedanta tests offshore dollar bond demand amid Adani-induced uncertainty

Vedanta Resources Finance II Plc's notes due in April 2026 have climbed nearly to par, after touching a low of about 60.4 cents in January

Adani Group assures 'enough cash flows' amid US allegations fallout

Cash balances exceed long-term debt repayments for the next 28 months, while portfolio level cash balances were at $6.33 billion, the port-to-power conglomerate said in a report

Adani indictment may test Trump's desire to keep India in US orbit

For India in particular, the charges against Adani only reinforces its strategy to keep a foot in both major camps, staying friendly with the US while also keeping up good ties with Russia, China

Adani bond prices hit one-yr low as investors weigh US bribery allegations

Ports bonds maturing in 2027 were down 1.6 cent to 88.98 cents on the dollar, having lost nearly 7 cents in face value

US SEC indictment of Adani jolts Asia's offshore bond market revival

While Adani denies any wrongdoing, the capital markets blowback is brutal

US development agency assessing ramifications on Adani's Sri Lanka project

US International Development Finance Corp last November said it would provide $553 million in financing for the port terminal project in Colombo, the capital of Sri Lanka

Adani-Hindenburg case: SC plea to take US charges against Adani on record

The petitioner has also called for the conclusive report by the Securities and Exchange Board of India (Sebi) on the probe carried out till now

Never entered into agreement to operate airport in Kenya: Adani Group

The group was responding to notices sent by stock exchanges to confirm reports of Kenyan President William Ruto ordering the cancellation of a procurement process

BJP win in Maharashtra to bolster Adani's $3 bn Dharavi slum project

The landslide victory for ruling BJP-led Mahayuti in Maharashtra will booster billionaire Gautam Adani-led group's USD 3-billion project to redevelop Mumbai slum of Dharavi into a "world-class" district. Opposition Uddhav Thackeray-led Shiv Sena (UBT) had pledged to reclaim all land given to the Adani group for redeveloping Asia's largest slum and promised to scrap the project altogether, if voted to power. For Adani, who is facing bribery charges in a US court, the scrapping of his pet Dharavi project would have been a big setback. With election results showing the BJP and its allies Shiv Sena and Nationalist Congress Party factions led by Eknath Shinde and Ajit Pawar, winning more than three-fourths of the 288 seats in the Maharashtra assembly, those anxieties have now been set to rest. Adani plans to turn 620 acres of prime land, about three quarters of the size of New York's Central Park, into a glitzy urban hub. About seven lakh living in rickety shanties with open sewers and

US SEC summons Gautam Adani, nephew Sagar in alleged bribery case

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying USD 265 million (Rs 2,200 crore) in bribes to secure lucrative solar power contracts. Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days. "Within 21 days after service of this summons on you (not counting the day you received it)...you must serve on the plaintiff (SEC) an answer to the attached complaint or a motion under Rule 12 of the Federal Rules of Civil Procedure," said a November 21 notice sent through the New York Eastern District Court. "If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint. You also must file your answer or motion with the court," it added. Gautam Adani, 62, and seven other defendants, including his nephew .

Adani Group to respond to US bribery allegations after legal review

Adani Group has denied any wrongdoing and said it would seek all possible legal recourse to defend itself

Adani CFO defends against US charges, says linked to one business contract

Group CFO Jugeshinder Singh sought to defend allegations saying none of Adani's 11 public companies 'are subject to indictment' or 'are accused of any wrongdoing in the said legal filing'

S&P Global revises its outlook on three Adani entities to 'negative'

S&P Global Ratings in a statement said US indictment of three board representatives of Adani Group entity could affect investor confidence in other group entities

CCI unlikely to act on media reports regarding Adani bribery issue

Billionaire Gautam Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over $250 million bribe to Indian officials

Arrest warrant for Gautam Adani after bribery charges: what’s next?

Reports reveal that a US arrest warrant has been issued for Gautam Adani. Watch the video to know the details.

Sebi probes Adani Group's alleged disclosure failures post US SEC charge

Inquiry centres around allegations that Adani Green Energy Ltd did not adequately disclose the US Justice Department's investigation into bribery claims

Rs 1,750 crore bribe linked to Adani's 2021 meet with Jagan: US agency

The SEC alleges Gautam Adani paid a Rs 1,750 crore bribe in 2021 to secure Andhra Pradesh's solar power deal, sparking denials and political controversy

Indian banks' credit risk from Adani exposure seems contained: JPMorgan

Adani Group has said the accusations are baseless and that it will seek all possible legal recourse