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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.
7h
Key Detail in Adani Indictment Confirmed by Indian Solar Agency
The Indian agency in charge of auctioning a solar project at the center of Adani Green Energy Ltd.’s indictment confirmed it ...
15m
on MSN
New petition filed in SC against Adani Group in connection with the US indictment order
The petition, filed by Vishal Tiwari, an advocate appearing in person, seeks to include critical documents related to ...
39m
on MSN
Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO
MUMBAI: The US bribery charges against Adani Group relate to a single contract within Adani Green Energy, constituting ...
22m
Adani Group CFO makes BIG statement on US report, says, 'none of the...'
In a statement, Adani Group CFO Jugeshinder Singh strongly dismissed the allegations as unfounded Shivam Verma Updated : Nov ...
Bloomberg L.P.
1d
Adani to Respond to US Bribery Allegations After Legal Review
The
Adani
Group will respond to bribery allegations leveled by the US after a detailed legal review and once it has secured ...
Indiatimes on MSN
44m
Adani US indictment: SEC issues summons to Adani Group, nephew Sagar in bribery case
NEW DELHI: Days after filing a lawsuit in a New York court, the Securities & Exchange Commission has issued summons to ...
11h
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require ...
10h
on MSN
Adani CFO Says US Charges Linked to Only One Business Contract
NEW DELHI (Reuters) -A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green ...
1d
on MSN
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.
1d
on MSN
Billionaire Adani’s Conglomerate Faces Scrutiny And Setbacks Around The World Amid U.S. Indictment
Adani’s indictment has triggered a political furor in India, with opposition leaders calling for Adani’s immediate arrest as ...
18h
Indian Billionaire Adani Down Again, But Not Out
Indian billionaire Gautam Adani's feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts believe the tycoon will bounce back.
1h
on MSN
Big trouble for Gautam Adani, US SEC summons Indian billionaire in alleged USD 265 million bribery case, to respond…
Gautam Adani along with his nephew Sagar Adani have received summons regarding the payment of USD 265 million (Rs 2,200 crore ...
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