Adani Group stocks rally (AI image) Adani Group stocks today: Adani Group stocks on Monday saw significant gains of up to 14% after reports emerged of meetings between Gautam Adani representatives and US President Donald Trump‘s administration officials. The discussions centred on seeking dismissal of criminal charges in a bribery investigation, as reported by Bloomberg…
Adani Group chairman Gautam Adani has offered a humorous take on the much-debated subject of work-life balance that has been raging on in the Indian corporate world. Insisting that enjoying one’s work is essential to achieving work-life balance, Adani quipped in a media interview, “Aath ghanta family ke saath bitayega toh biwi bhaag jaayegi (Wife…
The US authorities have not yet communicated to their Indian counterparts about the arrest warrant issued against industrialist Gautam Adani over bribery charges, sources told India Today TV. For any legal action to be taken within India, including the execution of an arrest warrant, US officials are required to notify the Ministry of Home Affairs…
A US agency said on Sunday that it is reviewing the impact of Department of Justice bribery allegations against the founder of India’s Adani Group on the agency’s prior agreement to lend more than USD 550 million to a Sri Lankan port development backed by the group. The US International Development Finance Corporation last November…
MUMBAI: GQG Partners, a major foreign investor in the Adani group companies, has initiated defensive measures to safeguard its share price following the fallout from a US investigation into the Ahmedabad-based conglomerate. The Sydney-listed fund initiated a $65 million share buyback programme, citing the potential presented by the significant drop in its stock value. Assembly…
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. An arrest warrant has been issued for Adani and his nephew, Sagar Adani, linked to securing lucrative power-supply deals in India. As the allegations unfold, Kenya’s President William Ruto…
The US Securities and Exchange Commission has filed charges against Gautam Adani. Adani stocks today: Share prices of Adani Group companies crashed sharply by up to 20% on Thursday following charges against Gautam Adani and seven others in the United States regarding a multibillion-dollar bribery and fraud scheme. The US authorities revealed on Wednesday that…