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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.

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.

Latest

Web Desk
Dec 19, 2024

Move to impeach India’s vice president Jagdeep Dhankhar rejected

The move was expected to worsen the fraught relations between the opposition and Prime Minister Narendra Modi’s government.

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.

World

Reuters
Dec 16, 2024

Case against Gautam Adani appears strong but extradition unlikely

Federal prosecutors in Brooklyn last month unsealed an indictment accusing Adani of bribing Indian officials to convince them to buy electricity produced by Adani Green Energy ADNA.NS, a subsidiary of his Adani Group conglomerate.