Tag: SEC charges

This aerial photograph taken on October 15, 2024 shows solar panels installed at the Adani Green Renewable Energy Plant in Khavda, in India's Gujarat state(Punit Paranjpe/AFP)
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Adani Group scraps $600 million bond issue after US charges Gautam Adani in bribery case

 November 21, 2024  Leave a Comment on Adani Group scraps $600 million bond issue after US charges Gautam Adani in bribery case

Adani Green Energy Ltd. has decided to scrap its $600 million bond sale after the US Securities and Exchange Commission (SEC) pressed charges against the…

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The US market regulator SEC alleged the scheme was to secure a commitment of the Indian government buying energy from them at above-market rates that would benefit Adani green and Azure Power(Reuters)
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Adani stocks crash up to 20% after Gautam Adani indicted by US over alleged $250 million bribe plot

 November 21, 2024  Leave a Comment on Adani stocks crash up to 20% after Gautam Adani indicted by US over alleged $250 million bribe plot

Adani Group shares plunged when the markets opened on Thursday, November 21, 2024, after the US Securities and Exchange Commission (SEC) announced it was pressing…

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