Adani, under bribery scrutiny, pressed by Bangladesh to reopen power deal – Times of India

Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to the deal received from New Delhi,…

Continue ReadingAdani, under bribery scrutiny, pressed by Bangladesh to reopen power deal – Times of India

India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India

Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100…

Continue ReadingIndia’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report – Times of India

‘US Department of Justice has no business…’: Mark Mobius says US DOJ overstepped bounds on Adani case – Times of India

Mark Mobius said, “I think the Justice Department in the US probably overstepped its bounds. It has gone too far.” Mark Mobius, Chairman of Mobius Emerging Opportunities Fund, has said…

Continue Reading‘US Department of Justice has no business…’: Mark Mobius says US DOJ overstepped bounds on Adani case – Times of India

Adani Green says it’s not looking for fresh funds from investor Total – Times of India

MUMBAI: Adani Green Energy is currently not looking for any fresh capital from its strategic partner French major TotalEnergies. TotalEnergies holds 19.75% in Adani Green Energy and a 50% stake…

Continue ReadingAdani Green says it’s not looking for fresh funds from investor Total – Times of India

Adani Group stocks surge up to 7% as market looks beyond Gautam Adani US indictment – Times of India

Legal experts suggest that Gautam Adani has substantial grounds to contest charges. Adani Group stocks today: Adani Group stocks rose up to 7% on Monday, with investors showing confidence that…

Continue ReadingAdani Group stocks surge up to 7% as market looks beyond Gautam Adani US indictment – Times of India

Gautam Adani, nephew Sagar Adani summoned by US SEC in $265 million bribery case – Times of India

Gautam Adani and seven other defendants allegedly consented to pay approximately $265 million in bribes. Gautam Adani, the founder and chairman of Adani group, along with his nephew Sagar Adani,…

Continue ReadingGautam Adani, nephew Sagar Adani summoned by US SEC in $265 million bribery case – Times of India

Gautam Adani US indictment: Adani Group CFO says, ‘none of the 11 public companies are subject to…’ – Times of India

The United States Department of Justice (DoJ) has filed charges against industrialist Gautam Adani. Days after the US indictment of Gautam Adani and other individuals, Adani Group CFO Jugeshinder Singh…

Continue ReadingGautam Adani US indictment: Adani Group CFO says, ‘none of the 11 public companies are subject to…’ – Times of India