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The Latest Breaking News from Adani Group

Adani indicted in US for $265 million bribery scheme in solar energy contracts

Adani Group founder Gautam Adani and seven others, including his nephew Sagar Adani, have been indicted in New York over serious charges of alleged bribery and securities fraud related to solar energy projects in India.

Newslaundry

A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme

The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in bribes to government officials, authorities alleged.

Fortune

Indian billionaire Gautam Adani charged in US for alleged bribery, fraud

One of the richest people in the world, Gautam Adani, was indicted over an alleged multibillion-dollar fraud scheme.

Al Jazeera

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Indian Magnate Gautam Adani Charged In US Over Massive Bribery Scheme

Billionaire Indian industrialist Gautam Adani has been charged with paying hundreds of millions of dollars of bribes and hiding the payments from investors, US prosecutors said on Wednesday.

International Business Times

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts

The Guardian - UK

Adani in Dharavi: Politics, real estate and fight for survival

Dharavi’s redevelopment is now a focal point in Maharashtra’s election politics, with Adani Group’s plans raising concerns about displacement and prioritisation of profit over people.

Newslaundry

Hafta letters: EY employee’s death, toxic work culture, journalism

Hello Abhinandan,I have been a big supporter of you and Newslaundry for the past two or three years. I especially love the collaboration with The News Minute and I am excitedly looking forward to the collaboration with East Mojo. I also have feedback. It may sting personally, but I hope…

Newslaundry

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Kenyans stand to lose from Adani airport deal: finance guru explains why

The proposal submitted early this year by Indian conglomerate Adani Group to Kenya Airports Authority to develop and renovate parts of Jomo Kenyatta International Airport has recently been made public.

The Conversation

Adani proxy’s $311 million frozen by Swiss authorities

Over the last three years, the Swiss authorities have frozen US $311 million (Rs 2,610.7 crore) belonging to a prominent associate of the Adani group for his role in money laundering, manipulation of the group’s stocks in the Indian markets, and forgery.

Newslaundry

Save the Children pulls out of Science Museum event over sponsor concerns

Move follows London museum’s links to Adani Group, which has partnership with Israeli arms manufacturer

The Guardian - UK

Kenya Airport Workers Strike Against Foreign Investor Deal

Kenya airport workers protest against a government deal with Adani Group, causing flight disruptions and passenger inconvenience.

Top News

India's Adani Group To Build World's Largest Renewable Park

Adani Green Energy's Khavda Renewable Energy Park in Gujarat is set to be the world's largest, powering 16 million homes with clean electricity.

The Hindu

Congress promises to set up parliamentary committee to probe violations of Adani Group

The Congress reiterated its position of setting up a joint parliamentary committee to investigate allegations of violations of rules by the Adani Group, if the party came to power at the Centre

The Hindu

SEBI said to find Adani offshore investors in violation of disclosure rules

SEBI finds offshore funds violating disclosure rules and investment limits in Adani Group, some opt for penalty settlement.

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The Hindu

Adani to invest $14 billion in FY25

Adani group plans to invest more than ₹1.2 lakh crore (about $14 billion) across its portfolio companies

The Hindu

Morning Digest | U.S. probing Gautam Adani, Group over potential bribery; BRS MLC K. Kavitha arrested after ED searches, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 16, 2024

The Hindu

Dharavi rehabilitation project: mapping of slum cluster in heart of Mumbai to begin soon

The Dharavi Redevelopment Project in Mumbai is set to begin mapping the slum cluster, with a survey to determine eligibility for rehabilitation.

The Hindu

Adani Group to invest ₹12,400 cr in Telangana in the coming years

Adani Group announces investments of ₹12,400 crore in Telangana for various projects including data centers and cement grinding unit.

Newslaundry

Year after NDTV exit, Prannoy Roy returns with new venture deKoder

Nearly one year after the Adani Group’s takeover of NDTV, the channel’s founder Prannoy Roy has returned with his new venture deKoder – an AI-driven website and app to analyse issues in several Indian languages.

Dynamite News

Ambani, Adani and Tatas line up fresh investments in Gujarat

Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Read further on Dynamite News:

The Hindu

Adani Group to invest ₹2 lakh crore in Gujarat in next five years

Billionaire Gautam Adani announced an investment of over ₹2 lakh crore in Gujarat, largely in building a green energy park that would be visible even from space.

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