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After US fraud indictments over bribery allegations, Adani Group faces global fallout

After US fraud indictments over bribery allegations, Adani Group faces global fallout

Nov 23, 2024, at 06:03 pm

Mumbai: Gautam Adani, chairman of the Adani Group, has been indicted by U.S. prosecutors, along with seven others, for allegedly paying bribes amounting to Rs 2,029 crore ($265 million) to Indian officials to secure solar power contracts across four states and a union territory.

Adani Group faces potential funding challenges after US bribery indictment

Adani Group faces potential funding challenges after US bribery indictment

Nov 23, 2024, at 02:56 am

New York: Gautam Adani’s conglomerate is staring at a possible funding crunch after a US arrest warrant was issued against the billionaire founder over an alleged $265 million bribery scheme, according to a Reuters report.