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The Latest Breaking News from the Adani Group

‘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.

Newslaundry

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.

Al Jazeera

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

The Guardian - UK

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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.

Latin Times

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

The Independent UK

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.

Newslaundry

Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery

Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.

Fortune

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Congress for JPC probe into alleged bribery charges against Adani in US

After a US District Court in New York charged the Chairman of the Adani Group, Gautam Adani, linking him and others to an alleged bribery and fraud scheme. Read further on Dynamite News:

Dynamite News

India Opposition Leader Demands Tycoon Adani's Arrest After US Charges

Billionaire Indian tycoon Gautam Adani should be arrested after US prosecutors charged him with paying more than $250 million in bribes to secure lucrative government contracts, opposition leader Rahul Gandhi said Thursday.

International Business Times

Adani’s US ‘arrest warrant’ over bribery: Foreign media points to ‘text trail, ties with Modi’

Update: At 1:41 pm on November 21, 2024, Adani Group-owned NDTV Profit published a report saying that the conglomerate denies the allegations against it and will seek legal recourse.

Newslaundry

Indian Billionaire Gautam Adani Indicted In US Fraud Scheme

Indian billionaire Gautam Adani and executives indicted in New York for alleged multi-billion-dollar fraud scheme involving solar power plant development.

Top News

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The Independent UK

US charges billionaire Gautam Adani with defrauding investors, hiding plan to bribe Indian officials

An Indian businessman who is one of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy project in his home country by concealing that it was facilitated by alleged bribery

Newslaundry

Gautam Adani was part of BJP-NCP talks, Ajit Pawar reveals in NL-TNM interview

Gautam Adani, the billionaire and chairman of the Adani Group, was part of political talks between the Bharatiya Janata Party and Nationalist Congress Party five years ago, Maharashtra Deputy CM Ajit Pawar said in an interview with Newslaundry and The News Minute. At the end of that episode, Ajit Pawar…

Newslaundry

‘Same promise for 25 years’: Locals as Adani’s Dharavi plan turns MVA’s rallying cry

The proposed Adani redevelopment project in Dharavi has become a contentious issue in Maharashtra’s high-decibel poll campaign. Amid the opposition’s allegations of the Adani Group being given preferential treatment under the NDA government, Shiv Sena (UBT) chief Uddhav Thackeray has promised to scrap the Dharavi project and this is gradually…

Newslaundry

Hafta letters: EY employee’s death, toxic work culture, journalism

Hello Abhinandan,I have been a big supporter of you and Newslaundry for the past two or three years. I especially love the collaboration with The News Minute and I am excitedly looking forward to the collaboration with East Mojo. I also have feedback. It may sting personally, but I hope…

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International Business Times

Kenya Airport Whistleblower Fears For His Life

Nelson Amenya caused an uproar by exposing secret talks for an Indian firm to take over Kenya's main airport.

Newslaundry

Adani proxy’s $311 million frozen by Swiss authorities

Over the last three years, the Swiss authorities have frozen US $311 million (Rs 2,610.7 crore) belonging to a prominent associate of the Adani group for his role in money laundering, manipulation of the group’s stocks in the Indian markets, and forgery.

Dynamite News

Cong demands JPC inquiry on Hindenburg-Adani-SEBI row; Stages protest

The protest rally was held by Telangana Pradesh Congress Committee (TPCC) from Gun Park to the ED office in Hyderabad. Read further on Dynamite News:

Top News

Adani Group Faces Market Turmoil Amid Allegations

Adani Group faces billion losses after Hindenburg Research's accusations of offshore fund links.

The Times of India

Hindenburg made just $4 million from $153 billion Adani rout

It was one of the most impactful short-seller reports ever: Hindenburg Research’s 2023 broadside against the Adani Group erased as much as $153 billion of market value.

The Times of India

Hindenburg lashes out on Sebi over Adani report

Hindenburg Research called out the Securities and Exchange Board of India(Sebi) for failing to address the fraud it alleged in a short-selling report on the Adani Group early last year, after receiving a notice from the regulator in June.

The Times of India

Gautam Adani's post for his granddaughter is so heartwarming

A picture from Gautam Adani's social media account is going viral over social media. In the picture, we see a happy grandfather holding his youngest granddaughter with all joy and happiness.

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