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Adani Bribery Charges Rocking India
Indian shares subdued, tracking Asian peers; Adani stocks rise
By Bharath Rajeswaran -Indian shares were muted on Wednesday, tracking Asian peers on persistent concerns of a global tariff war, while Adani Group stocks rose but are still in focus due to the ripple effects of the bribery charges against its billionaire founder.
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
Adani Group deals at risk: How countries have reacted after bribery charges
The recent bribery charges by US authorities, made public last week, have led to several countries revisiting or cancelling deals with the group.
Moody's cuts outlook on seven Adani entities
Moody's cuts outlook on seven Adani entities to 'negative'
Ratings agency Moody's said on Tuesday that it had cut the outlook on the ratings of seven Adani entities to 'negative' from 'stable,' citing the U.S. indictment of Chairman Gautam Adani and others on alleged bribery charges,
Adani stocks drop as Moody's downgrades outlook for 7 entities
Shares of Adani Group stocks dropped during Tuesday's session after Moody's downgraded the outlook for seven of its companies.
Fitch, Moody’s cut rating outlook on Adani group firms to negative from stable
The adverse rating action could hurt the group's ability to raise fresh funds, besides increasing its cost of capital. Adani stocks fell sharply after the rating actions, with Adani Green Energy, at the centre of US indictments,
Bloomberg L.P.
10h
Analysts Bullish on Reliance Comeback While Adani Stocks Remain Under Scrutiny
Adani
stocks
will remain in focus, with the flagship at a one-year low. Meanwhile, analysts increasingly betting on ...
1h
on MSN
Adani Total, Adani Power, AGEL & other group stocks recover up to 20%. Details here
Today's recovery in the share price came after the Indian conglomerate claimed that there were no bribery charges against ...
4h
India stocks to see slow recovery as Adani indictments weigh, analysts say: Reuters poll
India's equity markets will take time to recover from their recent sell-off because they remain overvalued, with last week's ...
India Today
15m
Sensex, Nifty end higher as Adani stocks rally up to 20%
The S&P BSE Sensex added 230.02 points to close at 80,234.08, while the NSE NIfty50 gained 82.20 points to end at 24,276.70.
moneycontrol.com
4h
Key Adani stocks hit upper circuit, jump 10-20% as group refutes bribery allegations against founder Gautam Adani
Adani
Group
stocks
rose on November 27 and extended gains in the afternoon to 10-20 percent, after
Adani
Green Energy Ltd issued a clarification refuting bribery and corruption charges against ...
2h
Adani group stocks recover sharply; Adani Enterprises up 10%
Adani group stocks rebounded strongly on Wednesday, with Adani Green Energy leading the way with a 10% increase.
11m
Ola Electric, Adani Green, GMR Power, 384 more stocks hit upper limit today
Paras Defence, Ravindra Energy, Zaggle Prepaid Ocean Services, Oriental Rail Infrastructure, Puravankara and Veritas (India) ...
4h
Adani Group Stocks Rebound Following Clarification From Adani Green Energy On US Bribery Charges; WHY?
Adani Group stocks gained momentum in Wednesday’s trade, climbing up to 7%, after the group clarified allegations concerning ...
cnbctv18
8m
Nifty 50 hits 3-week high led by HDFC Bank and Adani Group stocks
The headline index Nifty 50 rose to a three-week high on Wednesday, driven by strong gains in HDFC Bank and Adani Group ...
22h
Adani hit by downgrades as projects under review in India, Sri Lanka
Adani Group's troubles deepened as two more credit rating agencies cut their outlook for the Indian conglomerate.
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