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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.
India's Adani Group shares show some recovery
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 controversy and uncertainty continued to roil the Indian tycoon’s businesses after he was indicted by U.
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 court.
Financials lead Indian shares higher; most Adani stocks extend fall
By Bharath Rajeswaran (Reuters) -Indian shares rose on Friday as financials rebounded from last session's sharp drop, while most Adani group stocks continued to fall after U.S. prosecutors indicted the conglomerate's founder Gautam Adani on Thursday over alleged bribery and fraud.
Adani Group Denies Binding Agreement For Kenya Airport
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 Adani after U.S. bribery and fraud indictments against one of Asia’s richest me
Adani Group denies entering into contract to operate Kenyan airport
Adani Enterprises, part of the Adani Group, has denied being awarded any airport projects in Kenya, despite setting up a subsidiary in the country for airport management. However, another group firm,
Adani Group Denies Binding Agreement For Kenya Airport Amid Cancellation Reports
The Adani Group clarified it had no binding agreement for Kenya's main airport after reports of cancelled $2.5 billion deals linked to US bribery charges. It stated Kenya's power transmission project cancellation doesn’t require SEBI disclosure.
gautam adani, US
S&P lowers outlook on three Adani units after US indictment of founder
S&P Global Ratings lowered its outlook on three Adani Group entities to 'negative' from 'stable' on Friday, citing risks to funding access following a U.S. indictment of the conglomerate's billionaire founder,
Adani Group CFO Clarifies Deal That Led to Indictment in the US
Adani Group has cleared the air on the indictment of Indian billionaire Gautam Adani by a federal grand jury in the United States over fraud allegations. In a statement on Saturday, October 23, Adani Group Chief Financial Officer (CFO) Jugeshinder Robbie Singh explained that the charges against Adani are related solely to one of its companies,
Gautam Adani's Fall: Indictment, Allegations Whistleblower Sparks Scandal
Indian billionaire Gautam Adani, one of the world's richest men, has been indicted for fraud and bribery by U.S. prosecutors in a $265 million corruption scandal.
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on MSN
India's Adani Group sees $30 billion in value wiped off after US indictments
Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after U.S. prosecutors ...
devdiscourse
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Scandal Unfolds: Alleged Bribery Ties YSRCP and Adani Group
Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and ...
2d
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which ...
1d
From Australia to Israel, Adani Group projects span the globe
Two major Adani Group projects in Kenya were scuttled after its founder Gautam Adani was indicted by U.S. prosecutors over ...
2d
on MSN
Adani Group Shares Tumble 20% After US Bribery Indictment
Shares in India's Adani Group took a significant hit on Thursday, dropping by as much as 20 percent, following the unsealing ...
2h
on MSN
New petition filed in SC against Adani Group in connection with the US indictment order
A new application was filed in the Supreme Court on Saturday night requesting the addition of new documents related to the US ...
3h
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 ...
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