Page 14 - Gautam Adani

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

Hindenburg to Carmichael mine: Many disputes of billionaire Gautam Adani

The regulator said investigations into the allegations against Adani Group were completed in almost all matters, and that the chief had made relevant disclosures

Adani bribery charge impact: Vedanta Resources defers dollar bond issue

India Inc. will likely continue to tap the dollar bond market in the long run, given the strong demand for high-yield papers

Gautam Adani's US indictment rattles stocks, Kenya cancels airport deal

News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group

'Gautam Adani must be arrested; PM Modi is protecting him,' says Rahul Gandhi

Hours after the US authorities charged industrialist Gautam Adani for allegedly paying $250 million bribe to Indian officials, Congress leader Rahul Gandhi demanded his immediate arrest.

Two Adanis, a foreigner, and 5 others charged with corruption: Who they are

Gautam Adani US indictment: Eight people, including Gautam Adani, his nephew Sagar Adani, and an individual named Cyril Cabanes, have been named by the US SEC in the alleged corruption case

Gautam Adani charged by SEC: Key FCPA corruption cases and their results

US SEC accused Gautam Adani and seven others of paying $265 million in bribes to Indian government officials to secure solar energy project contracts for Adani Green Energy

Stock Market Highlights: Sensex dips 420 pts, Nifty ends below 23,350; Adani, PSU bank shares tank

Stock Market Highlights: 37 of the Nifty50's 50 constituent stocks ended in the red, dragged by Adani Enterprises, Adani Ports, SBI Life, SBI, and NTPC, with losses of up to 23.44 per cent

Adani Enterprises tests Jan 2023 Hindenburg fall support; can slide 34%

Adani Enterprises stock may re-test support around its 200-WMA, like it did post the Hindenburg allegations in Jan-Feb 2023, technical chart shows.

Gautam Adani charged by US in $265 million bribery case: Top things we know

Gautam Adani, his nephew Sagar, and Cyril Cabanes, a former board member of Azure Power, charged by the US SEC in a bribery and fraud scheme

SEC charges Adani in $265 mn bribery scandal: Here are the key allegations

The case alleged that Gautam Adani and others conspired to pay about $265 million in bribes to Indian govt officials to secure energy contracts for Adani Green. To understand the allegations, read:

'Baseless': Adani Group denies US SEC $265 million bribery allegations

The Adani Group has stated that it will seek all possible legal recourse to fight the bribery allegations against Adani Green Energy's top management

What is the US SEC and its Indian counterpart Sebi in market regulation?

The US Securities and Exchange Commission ensures market transparency and investor protection. India's Securities and Exchange Board of India plays a similar role of regulating the financial markets

Timing of report raises questions: Amit Malviya on US charging Adani

Malviya came down hard on the Congress after Jairam Ramesh demanded a JPC investigation into the matter

US charges on Adani Group chief & others are credit negative: Moody's

Adani Group chairman Gautam Adani has been charged in the United States in an alleged bribery and fraud scheme amounting to $265 million

Adani group stocks' combined mcap erodes by Rs 2.45 trn amid allegations

Adani group stocks faced heavy drubbing during the morning trade on Thursday, with the combined market valuation of all the listed firms getting eroded by Rs 2.45 lakh crore, as billionaire Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme to pay USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts. The stock of the group's flagship firm Adani Enterprises plunged 22.99 per cent, Adani Ports dived 20 per cent, Adani Energy Solutions tanked 20 per cent, Adani Green Energy plummeted 19.53 per cent and Adani Total Gas tumbled 18.14 per cent on the BSE. Shares of Adani Power slumped 17.79 per cent, Ambuja Cements cracked 17.59 per cent, ACC fell 14.54 per cent, NDTV dropped 14.37 per cent and Adani Wilmar declined 10 per cent. Some of the group firms also hit their lowest trading permissible limit for the day. The combined market capitalisation (mcap) of all the ten listed group firms eroded by R