Page 11 - Gautam Adani

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

Jayalalithaa signed agreement with Adani Group, says DMK spokesperson

Minister Senthil Balaji has clarified that the Tamil Nadu Electricity Department has never entered into any kind of power purchase agreement

Sebi investigating Adani Group over possible breach of disclosure norms

The process of fact-finding is expected to continue for two weeks following which Sebi could decide if it wants to open a formal investigation

Charges against Adani could lead to warrants, extradition bid: US attorney

With the US filing civil and criminal charges against billionaire Gautam Adani and seven others over a multi-million-dollar bribery scheme, a prominent attorney here has said that the case could escalate significantly, potentially leading to arrest warrants and even extradition attempts. Adani, India's second-richest man, and seven others, including his nephew Sagar Adani, have been charged by the US Department of Justice with paying bribes to unidentified officials of state governments in Andhra Pradesh and Odisha to buy expensive solar power, potentially earning more than USD 2 billion in profit over 20 years. Adani Group, however, denied the charges saying the allegations by US prosecutors are "baseless" and the conglomerate is "compliant with all laws". US Attorney Breon Peace has the right to get arrest warrants issued against Adani and seven others indicted and serve them on the nations where they reside, Indian-American attorney Ravi Batra told PTI on Thursday. He further sa

Adani's Australian coal unit faces human rights complaint for racism

Complaint details how Adani employees verbally and physically obstruct and prevent 'members of the Aboriginal group from accessing springs near Adani's Carmichael coal mine' to perform cultural rites

Here's how Gautam Adani's alleged bribery scheme took off and unraveled

The alleged hundreds of millions of dollars in bribes promised to local Indian officials caught the attention of US Justice Department and Securities and Exchange Commission

Stocks to watch, Nov 22, 2024: Adani Group stocks, Tata Power, NTPC, LIC

Stocks to watch on November 22, 2024: Here is a list of stocks from Infosys to Hyundai Motor India which will be on radar today

'Bribe notes' with rates: Filings detail Sagar Adani's role in scandal

Sagar Adani, nephew of billionaire Gautam Adani, noted amount of the bribe he offered, which government official had been offered money and how much solar power official's region would buy in return

Here's what's next for Gautam Adani after US bribery and fraud charges

Adani is charged with foreign bribery, securities fraud, securities fraud conspiracy and wire fraud conspiracy

India-US ties strong: WH confident of navigating crisis over Adani charges

Asserting that the relationship between India and the US is built on a strong foundation, the White House has expressed confidence that it can navigate the ongoing crisis surrounding bribery charges against Indian billionaire Gautam Adani. At her daily news conference, White House Press Secretary Karine Jean-Pierre told reporters on Thursday that the administration is aware of the charges against Adani. Adani has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to Indian officials in exchange for favourable terms for solar power contracts. Obviously we're aware of these allegations, and I would have to refer you to the SEC (Securities and Exchange Commission) and DOJ (Department of Justice) about the specifics of those allegations against the Adani Group, she said. What I will say is on the US and India relationship, we believe that it stands on an extremely strong foundation anchored in ties between our ..

Highlights: ICC issues arrest warrants for Netanyahu, Israel's defense minister & Hamas official

Latest news updates: Catch all the latest news developments from across the world here

Sagar Adani's $35 billion green vision eclipsed by bribery allegations

The charges against Sagar stem from his role on the board of the Indian Energy Company, where he has served since October 2018

Adani Group's US exposure spans solar, wind, and Google India operations

AEL says Adani Solar secured its largest single-yr order from a key American utility firm

Rahul Gandhi demands immediate arrest of Adani, probe against Sebi chief

Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of industrialist Gautam Adani after the billionaire industrialist was charges in the US for alleged bribery and fraud. Addressing a press conference here hours after the US prosecutors charged Adani and associates for allegedly paying USD 250 million bribe to Indian officials, the Congress leader said it is now pretty clear and established in the US that the businessman has broken Indian as well as American laws. The Adani group has not yet reacted to the charges. Taking a jibe at Prime Minister Narendra Modi's 'Ek hain to safe hain' slogan, Gandhi said that as long as the prime minister and Adani are together, they are safe in India. He said Adani should be arrested immediately and interrogated, and his "protector" and Sebi chairperson Madhabi Puri Buch should be removed from her post probed. Gandhi further said he will raise the issue during the Winter session of Parliament beginning Monday. He also said th