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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 ...
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) -Gautam Adani's flagship firm called off its $2.5 billion share sale in a dramatic reversal on Wednesday as a rout sparked by a U.S. short-seller's criticisms wiped billions ...
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 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 ...
Since Jan. 24, 2023, Adani Energy Solutions is down 71.32%, Adani Total Gas has lost 82.7%, and flagship Adani Enterprises is down about 30%. Adani Ports and Adani Power are up about 51% and 105% ...
In 1996, the power business arm of the Adani Group, Adani Power, was founded by Adani. Adani Power holds thermal power plants with a capacity of 4620MW, the largest private thermal power producer of the country. [34] In May 2020, Adani won the world's largest solar bid by the Solar Energy Corporation of India (SECI) worth US$6 billion.
Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt ...