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Adani Group could find funding harder
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Adani Group funding in focus after US indictment against founder
Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.
Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment
Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.
gautam adani, India
Key Detail in Adani Indictment Confirmed by Indian Solar Agency
The Indian agency in charge of auctioning a solar project at the center of Adani Green Energy Ltd.’s indictment confirmed it allotted 2.3 gigawatts capacity to the conglomerate, after the original winner refused to develop them.
US indictment of Gautam Adani puts India Inc’s reputation on trial
US criminal and civil charges accusing the group’s founder Gautam Adani of involvement in a $265mn bribery scheme have startled Indian businesspeople and given potent ammunition to Modi’s parliamentary opponents.
How Indian Billionaire Gautam Adani's Alleged Bribery Scheme Took off and Unraveled
Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. REUTERS/Amir Cohen/File Photo NEW YORK (Reuters) - In June of 2020,
Gautam Adani, US
Adani Group firms' shares fall for second session after US indictments
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
Adani Group CFO Clarifies Deal That Led to Indictment in the US
Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,
Gautam Adani's Fall: Indictment, Allegations Whistleblower Sparks Scandal
Indian billionaire Gautam Adani, one of the world's richest men, has been indicted for fraud and bribery by U.S. prosecutors in a $265 million corruption scandal.
6m
on MSN
New petition filed in SC against Adani Group in connection with the US indictment order
The petition, filed by Vishal Tiwari, an advocate appearing in person, seeks to include critical documents related to ...
30m
on MSN
Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO
MUMBAI: The US bribery charges against Adani Group relate to a single contract within Adani Green Energy, constituting ...
13m
Adani Group CFO makes BIG statement on US report, says, 'none of the...'
In a statement, Adani Group CFO Jugeshinder Singh strongly dismissed the allegations as unfounded Shivam Verma Updated : Nov ...
Bloomberg L.P.
1d
Adani to Respond to US Bribery Allegations After Legal Review
The
Adani
Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...
Indiatimes on MSN
35m
Adani US indictment: SEC issues summons to Adani Group, nephew Sagar in bribery case
NEW DELHI: Days after filing a lawsuit in a New York court, the Securities & Exchange Commission has issued summons to ...
11h
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require ...
9h
on MSN
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
1d
on MSN
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
Adani’s indictment has triggered a political furor in India, with opposition leaders calling for Adani’s immediate arrest as ...
17h
Indian Billionaire Adani Down Again, But Not Out
Indian billionaire Gautam Adani's feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts believe the tycoon will bounce back.
Deccan Herald
1h
Adani bribery case: Jagan's ex-advisor seeks probe into power deals during YSRCP regime
The Andhra Pradesh's PPAs with SECI are at the center of the
Adani
bribery case in the USA. Retired bureaucrat P V Ramesh ...
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