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The Latest Breaking News from the Adani Group

India’s finance ministry ‘pushed’ for LIC investments in Adani Group: WaPo report

Officials of India’s finance ministry fast-tracked a proposal in May this year to direct approximately $3.9 billion in investments from the Life Insurance Corporation of India, a state-owned insurance and investment company, to an Adani group firm despite being aware of the risks, The Washington Post has reported.

Newslaundry

Indian regulators dismiss stock manipulation allegations on Adani Group

Despite the dismissal, Gautam Adani still faces allegations of bribery, fraud in US courts.

Al Jazeera

US SEC says Modi govt has not delivered bribery case summons to Adani Group

The United States Securities and Exchange Commission (US SEC) has been unable to serve summons to Gautam Adani, his nephew Sagar Adani, and the Adani Group in India. The US SEC, in a filing on Monday, August 11, told a New York Eastern District court that they asked India’s Ministry…

Newslaundry

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Adani Group appoints Sanjay Pugalia as Head - Corporate Brand Custodian

The Adani Group announced the appointment of Sanjay Pugalia as the head of corporate brand custodian effective May 26, 2025, Exchange4media reported.

Newslaundry

Indian electricity supply to Bangladesh increases following rising public demand

The supply of Indian electricity to Bangladesh has increased rapidly, following increasing demand in the country The supply of Indian electricity to Bangladesh has increased rapidly, following increasing demand in the country.

Dynamite News

US legal troubles for tycoon Adani expose shortcomings in India's booming solar sector

A U.S. corruption case involving Indian energy tycoon Gautam Adani has exposed vulnerabilities in India's solar sector that are hindering its capacity to switch to clean energy and help limit climate change

The Independent UK

Petition seeks immediate stay on Adani company’s ‘illegal’ construction without green nod

An application last week was filed with the National Green Tribunal for an immediate stay on construction activities at the controversial 1,600 MW thermal power plant in Uttar Pradesh’s Mirzapur district.

Newslaundry

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Modi deflects during rare press conference alongside Donald Trump at White House

Modi dismisses question on tycoon Gautam Adani’s US indictment as a ‘personal matter’

The Independent UK

India’s Adani withdraws from troubled $442m Sri Lanka wind power projects

Conglomerate founded by billionaire Gautam Adani says it withdrew from the projects as they were ‘financially unviable’.

Al Jazeera

Tycoon profited after India relaxed border security rules for energy park

Exclusive: Military experts raise concerns over change to protocols on Pakistan border to allow project that was handed to billionaire Gautam Adani

The Guardian - UK

How George Soros became ‘Enemy Number 1’ for India’s Modi

The BJP has accused the billionaire of funding initiatives critical of Modi, aimed at destabilising India.

Al Jazeera

Bombay HC dismisses plea against Adani group's Dharavi redevelopment tender

The Bombay High Court on Friday dismissed a plea challenging the tender awarded to the Adani Group for the Dharavi Redevelopment Project. Read further on Dynamite News:

Dynamite News

Rahul Gandhi demands probe into Adani issue, urges "Modi ji sansad me aao"

Taking to social media platform Facebook, Rahul Gandhi wrote, "Modi ji sansad me aao, Adani par jaanch se mat ghabrao." Read further on Dynamite News:

Dynamite News

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?

The recent allegations by US prosecutors highlight jurisdictional complexities that could determine Adani’s fate.

Al Jazeera

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Newslaundry

How Adani corruption allegations could hurt the Indian economy

The Adani Group has been accused of bribing Indian officials to secure solar energy contracts at inflated rates. The group was earlier accused of selling low-grade coal at inflated prices, and the Hindenburg Research and OCCRP reports had alleged the use of offshore shell companies to manipulate stock prices.

The Independent UK

India's Adani says his group is committed to compliance after US bribery and fraud charges

Indian tycoon Gautam Adani says his conglomerate is committed to “world-class regulatory compliance" after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars, his first remarks since the accusations surfaced

Top News

Indian Parliament Disrupted Over Allegations Against Billionaire Adani

Indian Parliament faces disruptions over allegations against billionaire Gautam Adani, leading to demands for investigation and international repercussions.

Dynamite News

Congress demands discussion on Adani indictment in Parliament, urges CBI probe

Congress demanded discussion on the Adani indictment in the Parliament as both houses will meet for the third day of the winter session on Wednesday. Read further on Dynamite News:

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International Business Times

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 last week accused its founder and other officials of fraud.

Newslaundry

‘India should be more interested than US’: Editorials on Adani charges

Adani Group’s chairman Gautam Adani and its seven other executives’ indictment in the US for a $265 million bribery scheme involving government solar energy contracts has triggered a fresh wave of controversy.

Al Jazeera

Why has Indian billionaire Gautam Adani been charged in a US bribery case?

It’s the latest in a recent series of fraud allegations trailing the embattled billionaire’s Adani Group.

The Guardian - UK

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government

Latin Times

India's Adani Says US Charges 'Baseless', Opposition Demand Arrest

The stiff denial came after shares in the industrialist's conglomerate nosedived more than 23 percent in Mumbai, the morning after a bombshell indictment in New York accused him of deliberately misleading international investors.

The Independent UK

Who is Gautam Adani – Indian billionaire charged in US in $250m bribery case

Adani’s businesses lost over $150bn in market value last year after Hindenburg Research accused his group of improper use of offshore tax havens

Newslaundry

Why the US has accused Adani of hiding its alleged bribes in India from American investors

When Gautam Adani announced a $10 billion investment in the United States after Donald Trump won the presidential polls earlier this month, there was a far more pressing matter in America that he was ignoring.

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