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Adani, India

Factbox-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,

The Associated Press on MSN · 2d

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

CNBC on MSN · 3d

Adani's indictment: How one of India's biggest empires descended into chaos

The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.

Adani power deal under scrutiny

Reuters · 6h

India suspends parliament again in row over U.S. action on Adani

Proceedings were disrupted for a second day by lawmakers calling for a discussion of US accusations of bribery and fraud against the ports-to-power Adani Group.

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 · 14h

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.

7hon MSN

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’s Adani Group Mess Is Terribly Timed For Modi’s Economy

News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...

5don MSN

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...

India shares end higher led by Adani stocks

Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified ...

Atlanta Journal-Constitution6d

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

Adani Renewables announced the decision in letters to the Bombay Stock Exchange and the National Stock Exchange of India. Adani is the son of a middle-class family in Ahmedabad in western ...

Newsweek6d

Billionaire Gautam Adani Charged With Defrauding Investors

Adani, ranked among the world's wealthiest individuals, built his fortune in the coal business in the 1990s in India and has since been a power player in the world's most populous nation.

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.

11h

Silence From Modi Allies Shows Adani Has Political Cover

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