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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 the deal received ...
NEW DELHI (Reuters) -Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ...
Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role ...
Adani Power is an Indian multinational power and energy company, subsidiary of Adani Group and based in Khodiyar in Ahmedabad, India. It is a private thermal power producer, with a capacity of 15,250 MW [3] and operates a mega solar plant of 40 MW at Naliya, Bitta, Kutch, Gujarat. [4] Adani Godda Power is implementing a 1,600 MW plant at ...
Indictment against Gautam Adani et al. is a 2024 federal indictment in the United States District Court for the Eastern District of New York. [1] Indian billionaire Gautam Adani and seven top business executives of Adani Group and its affiliates have been charged for their alleged involvement in a scheme to pay hundreds of millions of dollars in bribes to Indian government officials and to ...
Adani Cement is wholly-owned subsidiary of Adani Enterprises and has not begun its business operations. [32] [33] It was reported in June 2021 that the Adani Group planned to set up a cement plant in Maharashtra which will have an initial capacity of 5-Million tonnes per annum with an approximate investment of ₹900-1,000 crore. [34]
Mr Adani’s businesses, spanning industries like power, ports, sugar, and soybeans, lost over $150bn in market value last year after Hindenburg Research accused his group of improper use of ...
Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and Special Economic Zone rupee and dollar bonds are now on "watch negative", Fitch said in a statement.