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All Stories: Adani

Mossad’s Role in Adani Probe Exposed

In a shocking revelation, Sputnik India has learned that Israeli intelligence agency Mossad allegedly played a crucial role in helping the Adani Group counter...

Adani probe: US SEC seeks India’s help

NEW DELHI: The U.S. Securities and Exchange Commission has asked Indian authorities for help in its investigation of Adani Group founder Gautam Adani and...

Bangladesh seeks full power supply restoration from Adani plant

NEW DELHI: Bangladesh has asked Adani Power to fully resume supplies from its 1,600-megawatt plant in India, a Bangladesh official said, after more than...

Adani to sell up to 20% stake in Wilmar joint venture

India's Adani Group said on Thursday it plans to sell a stake of up to 20% in Adani Wilmar to the public, as the...

Bangladesh accuses Adani Power of breaching multi-billion-dollar agreement

Bangladesh's interim government has accused energy supplier Adani Power of breaching a multi-billion-dollar agreement by withholding tax benefits that a power plant central to...

Gautam Adani case appears strong but extradition unlikely

The US fraud case against Indian billionaire Gautam Adani appears to be backed by documents that will help prosecutors make a strong case,...

Gautam Adani breaks silence on US bribery indictment

NEW DELHI: Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of...

Adani’s US bribery indictment- All Info

BENGALURU: Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $265 million scheme to bribe Indian officials,...

Adani’s US indictment rattles stocks, Kenya spikes airport deal

Indian billionaire Gautam Adani has been indicted for fraud by US prosecutors and arrest warrants issued for him and his nephew for their alleged...

Adani Group companies lose $27 billion in market value

Adani Group companies lost about $27 billion in market value on Thursday after US prosecutors charged the Indian conglomerate's billionaire chairman in an alleged...

Indian opposition calls for Adani probe over bribery scheme

Indian opposition parties demanded a probe on Thursday into allegations of wrongdoing by the Adani Group and said they would raise the issue in...

Adani’s Mumbai slum revamp struggles to secure land

A joint-venture led by billionaire Gautam Adani is struggling to secure land to rehabilitate poor residents of one of Asia's largest slums in Mumbai,...

Adani wins court relief on scrutiny after Hindenburg attack

India's Supreme Court on Wednesday said the Adani Group does not need to face more investigations beyond the current scrutiny of the market regulator,...

India’s Dharavi slum and Adani’s plans to redevelop it

Indian billionaire Gautam Adani aims to convert Mumbai's Dharavi slum into a modern city hub, while acknowledging that resettling its 1 million residents will...

Adani aims to close planned $4 billion fundraising

MUMBAI: India's Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking...

Two Adani Group firms to raise up to $2.57 billion from the market

Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the market, months...

Two Adani entities face contagion risks: Fitch

Ratings agency Fitch said two Adani Group subsidiaries were exposed to "heightened contagion risks", possibly affecting their financial flexibility, due to weak governance at...

Adani prepays $2.15 billion share-backed loans

Adani Group said it had completed full prepayment of margin-linked share-backed financing worth $2.15 billion as part of its debt prepayment plan, before its...

Adani seeks to sell stake in Ambuja Cement

Gautam Adani is seeking to sell a stake in Ambuja Cement for about $450 million, the Financial Times reported on Friday, citing people familiar...

Adani shares surge after $1.87 billion GQG investment

Adani shares surged on Friday after a $1.87 billion investment in the group by GQG Partners eased concerns about the group's ability to attract...
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