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Major fallout for Adani Group

Adani's 'renewable energy marvel' trapped in US bribery indictment

The crown jewel of Gautam Adani's company is an energy park in western Gujarat state planned to be five times the size of Paris on completion.

Forbes · 14h

Billionaire Gautam Adani’s Fortune Shrinks $16 Billion Amid Fallout From Bribery Case

Since the bribery indictment last week, Indian billionaire Gautam Adani's net worth has tumbled almost $16 billion to about $54 billion currently, according to Forbes real-time data. The group is also facing a backlash from investors and business partners.

The Economic Times on MSN · 17h

Major fallout for Adani Group after US bribery indictment

Following U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. TotalEnergies halted investments, and the U.S. International Development Finance Corp is reviewing a $550 million Sri Lanka port project.

Reuters · 20h

Major fallout for India's Adani Group after U.S. bribery indictment

Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,

Adani, Bangladesh and Law firm

U.S. News & World Report · 1d

Bangladesh Panel Seeks Global Legal Firm for Power Deals Probe, Including Adani

DHAKA (Reuters) - A Bangladesh government-appointed committee examining power generation contracts, including one with India’s Adani Power (ADAN.NS), has urged the interim government to hire a global legal firm to ensure a thorough and transparent investigation into deals under former prime minister Sheikh Hasina’s regime.

Bloomberg L.P. · 1d

Bangladesh Will Hire Law Firm to Review Adani Deal Among Six Others

Bangladesh plans to review seven electricity supply contracts, including the one with Adani Power Ltd., signed during former Prime Minister Sheikh Hasina’s rule.

India Today NE on MSN · 1d

Bangladesh's interim government to reassess Hasina-era power deals, including Adani agreement

The interim government of Bangladesh, led by Mohammad Yunus, announced on Sunday a comprehensive review of major power agreements signed during the tenure of ousted Prime Minister Sheikh Hasina.

Adani power deal under scrutiny

cnbctv18 · 9h

Andhra Pradesh reviewing Adani Power deals; scrapping them is complex, says Nara Lokesh: Report

The review takes place amid allegations against Gautam Adani in the United States, where he has been accused of bribing Indian government officials to secure “lucrative solar energy supply contracts.”

U.S. News & World Report · 1d

India's Andhra Pradesh Mulls Next Steps on Adani, if Power Deal Can Be Scrapped

India's Andhra Pradesh state is reviewing government files and will explore if it is possible to cancel a power supply contract linked to the Adani Group, whose billionaire founder has been indicted in the United States,

Hindustan Times on MSN · 2h

Adani power deal under scrutiny: Andhra official

Both the Telugu Desam Party and the state government have discussed this, TDP spokesperson and chairman of the state biodiversity board N Vijaya Kumar said.

NewsX17h

Adani Group’s $33 Billion Loss: Global Investors Halt Deals Amid U.S. Bribery Allegations

The Adani Group is currently navigating a major crisis following U.S. allegations of bribery and fraud, which have led ...

devdiscourse9h

Adani Bribery Scandal: Unveiling the Allegations

The Adani bribery allegations have embroiled the YSRCP regime in Andhra Pradesh and SECI. Accusations allege Gautam Adani of bribing Indian officials for solar power contracts. The Indian group ...

5don MSN

Kenya drops over $2.5 billion of Adani deals after US indictment

By George Obulutsa and Aaron Ross NAIROBI (Reuters) -Kenyan President William Ruto said on Thursday he had ordered the ...

Fortune India18h

Adani Green: No new deals with TotalEnergies, growth plans unaffected

French energy giant says it would not make any new financial contribution as part of its investments in Adani companies until ...

1don MSN

Revoke Rs 12,400 cr deals with Adani: Harish to CM

Ex-minister T Harish Rao urges Chief Minister Revanth Reddy to cancel all agreements with Adani worth Rs 12,400 crore, ...

5don MSN

Kenya's president cancels major deals with Adani Group

Kenya's President William Ruto has cancelled two major deals involving Indian billionaire Gautam Adani, after the tycoon was ...

4don MSN

Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire

Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...

13h

Modi's party distances itself from India's Adani amid opposition protests

Indian Prime Minister Narendra Modi's party said it had no reason to defend billionaire Gautam Adani on Tuesday following his ...

India Today on MSN18h

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 ...

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