Adani stocks plummet, bond offering pulled as Gautam Adani faces US bribery allegations: what’s next?
Thursday, 21 November 2024 () Adani Group stocks experienced a sharp and widespread selloff on Thursday after US prosecutors announced bribery and fraud charges against Gautam Adani and seven associates. The charges, unveiled late Wednesday, allege that Adani and his executives engaged in a multibillion-dollar scheme involving bribery to secure solar energy contracts in India. Adani Energy Solutions bore the […]
Indian opposition leader Rahul Gandhi has called for the immediate arrest of billionaire Gautam Adani following his indictment by U.S. prosecutors on charges of bribery and fraud. Gandhi asserts that these developments validate his longstanding allegations against Adani. The U.S. indictment accuses...
Congress leader Rahul Gandhi has called for the immediate arrest of Gautam Adani after the billionaire was indicted in the US for his alleged involvement in a bribery scheme linked to solar energy..
The US has issued arrest warrants for Gautam and Sagar Adani over a $265 million bribery and fraud scheme. The Adani Group is accused of concealing corruption to raise billions in loans while securing..