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Adani Bribery Charges Rocking India
India banks are reviewing Adani Group exposure after US charges, sources say
By Siddhi Nayak, Sarita Chaganti Singh and Nikunj Ohri MUMBAI/NEW DELHI (Reuters) - Indian lenders, including State Bank of India, are reviewing their exposure to Adani Group and examining whether they need to tighten their due diligence when offering new loans to them,
SBI, other banks reviewing Adani group exposure after US bribery charges
While SBI will exercise caution while disbursing future loans to ensure compliance, the review does not mean a change in the lenders' credit approach to the ports-to-energy conglomerate
Big Take Asia: The Adani Bribery Charges Rocking India
India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.
2h
on MSN
Analysis-Adani wipeout hurts but won't derail foreign investor faith in India
Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment in India but not the long-term ...
The Economist
1h
The Adani bribery case could upend Indian business and politics
Even these projects, all part of India’s Adani Group, barely convey the scale of a conglomerate so intertwined with ...
1h
Indian government accused of protecting billionaire Adani as he faces allegations of fraud in the US
India’s opposition is protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently ...
4h
Major fallout for India’s Adani Group after US bribery indictment, and other key scandals
Some nations and investors have either scrapped deals or stopped investments in the Adani Group. Read more at ...
5h
Airports to cooking oil: the many businesses of India's Gautam Adani
Indian billionaire Gautam Adani oversees a sprawling conglomerate with activities spanning construction of airports to supply ...
2d
India’s Adani Group Mess Is Terribly Timed For Modi’s Economy
News that Indian billionaire Gautam Adani’s empire faces U.S. fraud charges could not be timed worse for Indian Prime ...
6d
on MSN
Shares in India’s Adani Group plunge 20% after US bribery, fraud indictments
One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged ...
4h
Adani wipeout hurts but won't derail foreign investor faith in India
SINGAPORE, Nov 28 (Reuters) - Worries of a wider spillover from bribery charges against the Adani Group will hurt sentiment ...
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