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SEC issues summons for Gautam Adani, nephew
SEC issues summons for Gautam Adani, nephew on bribery allegations
Federal prosecutors issued arrest warrants for the billionaire head of the Adani Group and his nephew Sagar, alleging they participated in a $265 million scheme to bribe Indian officials to secure power-supply deals.
Adani Summoned by US SEC to Explain Position in Bribery Case
Indian billionaire Gautam Adani and his nephew, Sagar Adani, were summoned by the US Securities and Exchange Commission to explain allegations that they paid more than $250 million in bribes to win solar-power contracts,
Indian Opposition Parties Deny Any Wrongdoing Linked to Adani Bribery Allegations
Opposition politicians from Indian states named in the U.S. indictment of billionaire Gautam Adani denied any wrongdoing on Friday, after Prime Minister Narendra Modi's party said they had to answer for contracts signed while they were in power.
5h
on MSN
US Agency Conducting Due Diligence on Adani’s Sri Lanka Project
A US agency that agreed to lend more than $500 million to an Adani Group-backed port development in Sri Lanka said it’s still ...
15h
Adani's indictment: How one of India's biggest empires descended into chaos
The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra ...
16m
SEC summons Indian tycoon Adani in test of US extradition capabilities
The order, which is separate from a US Department of Justice case filed last week, would likely require the Indian government's intervention.
The Daily Star
10m
Global banks weigh halting fresh credit to Adani
Some global banks are considering temporarily halting fresh credit to India’s Adani Group but staying put with existing loans ...
1d
on MSN
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
37m
Solar sector caught in a haze as Adani storm to hit funding, project plans
Sector majors are likely to shy away from SECI tenders, stating that Letters of Allocation (LoA) are no longer a gold ...
9m
Winter Session: Govt seeks smooth Session; Congress pushes for Adani debate
India's Parliament is set to convene for its winter session, with a packed agenda featuring 16 bills, including the ...
The Economist
3h
The Adani scandal creates a storm for Narendra Modi
F or India’s prime minister, Narendra Modi, it should have been the perfect prelude to the winter session of parliament. Two ...
25m
B'desh seeks to review major energy projects; Adani Group's one on list too
A review committee formed by Bangladesh's interim government on Sunday recommended engaging an investigation agency to ...
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