Tag: adani group
Australian judge calls parts of Adani Group claims on activist ‘embarrassing’: Report
A court in Australia has struck out a significant portion of a case filed by the Adani Group, calling some of the company’s claims as…
Adani Group may invest more than $88 billion into renewable energy and cement in Rajasthan: Report
Dec 09, 2024 06:07 PM IST Four new cement plants will be built for an additional capacity of 6 million tonnes per annum along with…
Bangladesh looks to reduce power prices of Adani deal amid US indictment: Report
Bangladesh is reportedly looking to renegotiate much lower prices for electricity it purchases from the Adani Group as it tries to reduce its expenditure for…
Gautam Adani on US indictment: ‘Every attack makes us stronger’
Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger”. Addressing the 51st…
Indian banks review Adani exposure in wake of US bribery allegations
Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group’s billionaire founder…
Adani Green, Total Gas, and Power rally after group says US allegations ‘incorrect’
Adani Group companies saw shares rallying for the second day on Thursday, November 28. This comes after Adani Green said on Wednesday the allegations against…
Adani Group says it lost nearly $55 billion since US indictment: Report
India’s Adani Group conglomerate said Wednesday it had suffered a staggering loss of nearly $55 billion since US corruption charges against top officials, accusations the…
Gautam Adani indicted: JP Morgan says Indian banks not at much credit risk
Indian banks’ loan exposure to the embattled Adani Group seems “manageable” and any credit risk in the aftermath of its billionaire founder-chairman’s indictment in the…
Adani Group bonds fall for 2nd day after US indictment spooks investors
Adani Group bonds were pressured for a second straight session on Friday, November 22, 2024, following the indictment of group Chairman Gautam Adani by US…
Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis | Latest News India
The White House said it is aware of the allegations against Indian billionaire Gautam Adani, chairman of Adani Group, who was indicted in New York…