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  • Gautam Adani

Tag: Gautam Adani

Adani
Latest
  • 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
Latest
  • 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.

Vice President Jagdeep Dhankhar
Latest
  • Adnan Yousaf
  • 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.

Latest
  • 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
Latest
  • 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.

Adani Group after US bribery indictment
  • 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
  • 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’

Gautam Adani
  • Reuters
  • Nov 22, 2024
How Indian billionaire Adani’s alleged bribery scheme took off and unraveled

Sagar Adani and the Azure CEO discussed the delays and hinted at bribes over WhatsApp, according to the SEC.

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

Billionaire Gautam Adani was indicted in New York, US for an alleged multibillion-dollar fraud scheme, the US prosecutors revealed.
  • WEB DESK
  • Nov 21, 2024
Indian billionaire Gautam Adani indicted in massive fraud case

The Chairman of the Adani Group was charged along with  two executives from the Adani Green Energy – his nephew Sagar Adani and Vneet Jaain.

Latest

Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks
  • Reuters
  • 1 Hour ago
Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks
PPP moves AJK election commission over Maryam Nawaz’s electric bus gift
  • WEB DESK
  • 2 Hours ago
PPP moves AJK election commission over Maryam Nawaz’s electric bus gift
Gold prices in Pakistan edge higher as per tola rate rises
  • WEB DESK
  • 2 Hours ago
Gold prices in Pakistan edge higher as per tola rate rises
Gen-Z-led CJP calls off protest after govt accepts students’ demands
  • WEB DESK
  • 3 Hours ago
Gen-Z-led CJP calls off protest after govt accepts students’ demands
Thirty-five killed, 30 injured in Syria bus collision
  • Reuters
  • 3 Hours ago
Thirty-five killed, 30 injured in Syria bus collision
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