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Adani Group could find funding harder
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, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Adani Group funding in focus after US indictment against founder
Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.
Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment
Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.
Kenya cancels airport and energy deals with Adani group
Adani Group denies entering into contract to operate Kenyan airport
The Adani Group has denied allegations that it had signed a binding agreement to operate Kenya 's main airport. The clarification comes after reports of Kenya scrapping over $2.5 billion in contracts, after Adani's US indictment on bribery charges. The group was replying to queries from stock exchanges seeking confirmation on the reports.
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian tycoon
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest me
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.
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on MSN
Adani Group's 11 Public Firms Not Subject To Any US Indictment: Group CFO
In a post on X, Singh said none of the group’s 11 public companies or their subsidiaries are defendants in the case filed by ...
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on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...
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From Australia to Israel, Adani Group projects span the globe
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...
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on MSN
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 ...
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on MSN
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 ...
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on MSN
Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York
Shares of India’s Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal ...
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on MSN
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 ...
devdiscourse
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Scandal Unfolds: Alleged Bribery Ties YSRCP and Adani Group
Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...
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on MSN
New petition filed in SC against Adani Group in connection with the US indictment order
A new application was filed in the Supreme Court on Saturday night requesting the addition of new documents related to the US ...
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