Factbox-Major fallout for India's Adani Group

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,
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
NEW DELHI -- Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
Adani Shares Drew Retail Investors Just Before US Probe Pullback
India’s retail investors increased their holdings in the Adani Group prior to the shock bribery charges by US authorities against its founder, even as institutions largely pared their stakes.
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,
India's Adani Group shares show some recovery despite uncertainty over US bribery and fraud charges
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as controversy and uncertainty continued to roil the Indian tycoon’s businesses after he was indicted by U.

Adani power deal under scrutiny

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 ...
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 ...
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US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
The indictment outlines an alleged scheme to pay about $265 million in bribes to government officials in India. The Adani group denied the allegations against directors of Adani Green Energy ...
TotalEnergies' Statement on its Investments Related to Adani Group in India
TotalEnergies, which is not targeted nor involved in the facts described by such indictment, will take all relevant actions to protect its interests as minority (19.75%) shareholder of AGEL and as a ...
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India's opposition protests against billionaire facing US bribery and fraud charges
The indictment outlines an alleged scheme to pay about $265 million in bribes to government officials in India. The government has not officially commented on the charges, which the Adani group ...
Tuko on MSN18h
Adani Group says it lost nearly $55 bn as US charges sparked rout
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors ...
Forbes India19h
Adani Group denies FCPA violation: Understanding the US law, other US firms under the scanner, and the implications for them in India
The ports-to-power conglomerate founded by Gautam Adani has been accused of violating the Foreign Corrupt Practices Act by ...
‘Adios Adani!’ Bribery charges threaten group’s Africa ambitions
Amenya also criticised Adani for submitting a “privately initiated proposal” for the airport concession, rather than ...