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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 days before its reopening on November 25th, results showed that his Bharatiya Janata Party ( BJP) and its allies had won a landslide victory in a state election in Maharashtra.
Bribery Scandal Shakes Adani Empire
The U.S. Securities and Exchange Commission has summoned Indian billionaire Gautam Adani on bribery allegations. The SEC claims Adani and his nephew bribed officials to gain contracts for a $750 million bond.
Adani summoned by US SEC to explain position in bribery case
The SEC must send the summons via an “established protocol” involving diplomatic channels, which include the Indian Embassy in the US.
How Adani Bribe Case Will Test the Long Arm of US Law
US prosecutors face steep legal and diplomatic hurdles in their bid to imprison billionaire Gautam Adani for allegedly helping plot bribes of more than $250 million to officials in India and defraud US investors.
Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
Gautam Adani and seven others have been accused of paying USD 265 million in bribes to Indian government officials to secure solar energy contracts.
Bloomberg L.P. on MSN
3h
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 ...
2h
on MSN
US SEC issues summons for India's Adani, nephew on bribery allegations
The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery ...
13h
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 ...
Business Line
6h
SEBI completes all 24 investigations in Adani-Hindenburg case
Securities Exchange Board of India (SEBI) has completed all 24 investigations in the
Adani
-Hindenburg case and is set to ...
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, ...
BollywoodShaadis
3h
Gautam Adani Talks About Wife, Prirti Adani's Bold Decision To Marry Him, 'I Am A College Dropout..'
Gautam Adani for the first time talked in detail about his wife, Dr. Priti Adani's contribution behind his success and how ...
2d
on MSN
US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
The companies of billionaire Gautam Adani, one of Asia’s richest men, showed some signs of recovery on Friday even as ...
49m
Adani issue, Manipur strife, Delhi air: Oppn gears up for Winter Session
The session begins in the wake of the BJP-led National Democratic Alliance (NDA) securing significant victories in Haryana in ...
2h
on MSN
US agency conducting due diligence on Adani's Sri Lanka project, Bloomberg reports
A U.S. agency that agreed to lend more than $500 million to a Sri Lanka port development backed by the Adani Group said it is ...
ET Now on MSN
1h
Adani notice to go via 'proper channel' as US SEC has no jurisdiction to summon foreign national: Report
In its November 21 notice, US SEC said, "Within 21 days after service of this summons on you (not counting the day you ...
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