Energy Billionaire’s U.S. Bribery Scandal Shows Risks of India’s Bet on Giant Firms
In the wake of U.S. bribery allegations against top executives of India’s Adani Group, the country faces a reckoning with an economic model that has allowed a small group of entrepreneurs to grow fabulously rich.
Seven Adani Firms Face Moody’s Downgrade Amid US Bribery Scandal | List here
The rating agency cites governance concerns and potential operational disruptions following the indictment of Adani’s chairman and senior executives over bribery charges
Adani's bribery scandal raises concern on market, public disclosure lapses
In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report on the group's alleged bribery investigation in the United States. That email was also marked to top finance executive Sagar Adani.
Adani Group stocks in focus as GQG Partners stands firm amid bribery scandal
Adani Group stocks are likely to attract attention on Tuesday after GQG Partners, led by Rajiv Jain, reiterated its support for its Adani investments despite a $265 million bribery scandal involving Adani Green Energy employees in the US.
US Bribery Scandal: Moody’s Slashes Rating Outlook On 7 Adani Companies From Stable To Negative
US prosecutors have indicted Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies.
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Adani Bribery Scandal: AP Congress Demands Action
AP Congress chief Y S Sharmila criticizes PM Modi and CM Chandrababu Naidu for inaction against Adani Group amid USD 250 ...
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Scandal Deepens as Quebec Pension Executives Tied To Gautam Adani’s Bribery Scandal
A far-reaching corruption scandal has emerged as U.S. authorities indict three former executives of Quebec’s pension fund ...
Moneylife1d
Adani Bribery Scandal: SECI & Power Ministry’s Silence Speaks Volumes
Amid the uproar surrounding the indictments and arrest warrants in the sprawling Adani bribery scandal, the glaring silence ...
devdiscourse8h
Adani Under Siege: Bribery Scandal Threatens Empire
Indian billionaire Gautam Adani faces U.S. charges in a $265 million bribery scheme, shaking his conglomerate. The Adani Group denies wrongdoing, while Indian politics and global finance react.
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Adani Group faces $30 billion plunge amid bribery scandal
According to Reuters, the value of Adani Group has fallen by $30 billion. ...
GQG Partners Refuses to Sell Adani Stocks Despite Bribery Scandal and 26% Loss
GQG Partners faces a 26% loss in Adani stocks amid bribery allegations, prompting a potential portfolio review while refusing ...
Adani scandal disrupts Indian parliament
India's parliament was suspended on Monday after opposition lawmakers disrupted proceedings, demanding a debate on bribery ...
Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani group
The Andhra Pradesh government is exploring options to maintain its 2021 solar power deal with SECI despite a US bribery ...
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Subramanian Swamy calls for Modi’s resignation amid Adani scandal
Senior Bharatiya Janata Party leader and economist Subramanian Swamy has stirred a huge political debate by calling for ...