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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.
Adani CFO says US charges linked to only 1 business contract
What Adani Group CFO said about the bribery charges
None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US.
Adani CFO says US charges linked to only one business contract
A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10% of its business, and no other firms in the conglomerate are accused of wrongdoing,
US bribery charges linked to only one contract, comprises 10% of business: Adani Group CFO
Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by U.S. prosecutors over their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.
44m
Gautam Adani's group BREAKS silence on reports of Kenya cancelling Rs 21109 crore deals after US charges billionaire
The Adani group said the project did not fall within the ambit of Sebi's disclosure regulations, thereby not warranting any ...
1d
on MSN
Adani Group stocks, bonds fall for a second day after founder's US indictment
By Scott Murdoch and Tom Westbrook (Reuters) -Stocks and bonds of India's Adani Group dropped for a second session on Friday ...
7h
on MSN
Adani Group CFO's BIG Statement On US Report: 'No Indictment for Any of Our 11 Public Companies'
Adani Group CFO Jugeshinder Robbie Singh responded to the recent US bribery allegations, stating they pertain to a specific ...
18h
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 ...
1d
Adani Group firms' shares fall for second session after US indictments
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate ...
NDTV
23m
"No Binding Agreement For Any Airport Project In Kenya": Adani Group
The
Adani
Group
on Saturday clarified on reports of Kenya cancelling more than $2.5 billion in deals after the US' ...
2d
on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy ...
2d
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 ...
1d
on MSN
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 ...
2h
Adani Group Denies Pact to Operate Kenya's Main Airport Amid Bribery Allegations
Gautam Adanis group denies entering a pact to operate Kenyas main airport, responding to cancellation reports linked to ...
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