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Tag: Adani Group

Adani
Business
  • Reuters
  • Feb 13, 2025
Adani says to withdraw from wind power projects in Sri Lanka

Sri Lanka started reviewing the Adani Group’s local projects after US authorities in November accused its billionaire founder Gautam Adani and other executives of being part of a scheme to pay bribes to secure Indian power supply contracts.

Adani
World
  • Reuters
  • Feb 11, 2025
Bangladesh seeks full power supply restoration from Adani plant

Adani halved supply to Bangladesh on October 31 due to payment delays as the country battled a foreign exchange shortage. This led to the shutdown of one unit on November 1, resulting in the plant operating at about 42 per cent capacity.

Business
  • Web Desk Karachi
  • Dec 16, 2024
India’s billionaire titans fall from the $100 billion ranks

both Ambani and Adani are expected to encounter additional challenges in the New Year, particularly in light of Donald Trump’s election and the uncertain business landscape in India.

Adani Group after US bribery indictment
World
  • Reuters
  • Nov 30, 2024
Gautam Adani breaks silence on US indictment to say his group is committed to compliance

Responding for the first time to US bribery allegations, Adani said this is not the first time we have faced such challenges.

Adani Group after US bribery indictment
World
  • Reuters
  • Nov 27, 2024
Major fallout for India’s Adani Group after US bribery indictment

Ratings agency Moody’s cut the outlook on the ratings of seven Adani entities to ‘negative’ from ‘stable’

Indian parliament
World
  • Reuters
  • Nov 27, 2024
Indian parliament suspended after row over Adani allegations

Last week, the Indian business group’s billionaire chairman, Gautam Adani, and seven other people were charged for $265 million in bribes.

Gautam Adani's bribery charges
Latest
  • Reuters
  • Nov 21, 2024
What are US findings related to Gautam Adani’s bribery charges?

Adani Group denies allegations as “baseless”, while Indian government officials haven’t commented so far

Gautam Adani
Latest
  • Web Desk
  • Jan 05, 2024
Gautam Adani bounces back to become Asia’s richest man

According to the Bloomberg Billionaires Index, Adani’s net worth increased by about $7.7 billion this week, reaching $97.6 billion

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