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Gautam Adani

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Corruption started when Jayalalithaa signed a power deal with Adani Group: DMK

Corruption started when Jayalalithaa signed a power deal with Adani Group: DMK

The DMK spokesperson highlighted a Memorandum of Understanding (MoU) established in 2020 between the Solar Energy Corporation of India (SECI) and the Tamil Nadu government, which occurred while the All India Anna Dravida Munnetra Kazhagam (AIADMK) was in power

22 November,2024 02:12 PM IST | Chennai | mid-day online correspondent
US charges against Adani and others may lead to arrest warrants and extradition

US charges against Adani and others may lead to arrest warrants and extradition

US authorities have filed civil and criminal charges against Gautam Adani and others in connection with a multi-million-dollar bribery scheme. Legal experts suggest this could lead to arrest warrants and potential extradition, intensifying the case

22 November,2024 12:34 PM IST | New York
Adani stocks drop amid bribery charges against Gautam Adani by US prosecutors

Adani stocks drop amid bribery charges against Gautam Adani by US prosecutors

Shares of most Adani Group companies have tumbled again after US prosecutors charged Gautam Adani over bribery allegations linked to solar power contracts. The group denies the charges, calling them baseless, while several of its stocks hit 52-week lows

22 November,2024 12:30 PM IST | Mumbai
Lalu Prasad Yadav backs Rahul Gandhi's statement, says Adani should be arrested

Lalu Prasad Yadav backs Rahul Gandhi's statement, says Adani should be arrested

Lalu Prasad Yadav has expressed his agreement with Congress MP Rahul Gandhi's demand for the arrest of industrialist Gautam Adani. The RJD chief reinforced Gandhi's statement, supporting calls for a deeper investigation into the Adani Group's alleged involvement in bribery

22 November,2024 11:14 AM IST | New Delhi
Rupee trades in narrow range against US dollar in early trade

Rupee trades in narrow range against US dollar in early trade

The Indian rupee traded in a narrow range against the US dollar in early trade on Friday, showing a marginal recovery of 3 paise to 84.47. Geopolitical tensions, foreign portfolio outflows, and a stronger US dollar continue to pressure the currency

22 November,2024 10:25 AM IST | Mumbai
YSR Congress denies direct agreement between AP DISCOMs and Adani Group

YSR Congress denies direct agreement between AP DISCOMs and Adani Group

The YSR Congress Party clarified that Andhra Pradesh DISCOMs have no direct agreements with the Adani Group, refuting allegations linked to a bribery case involving the company. The state’s deal with SECI ensures affordable power procurement, benefiting the state significantly

22 November,2024 09:12 AM IST | New Delhi
US SEC charges Gautam Adani in alleged bribery case linked to solar project

US SEC charges Gautam Adani in alleged bribery case linked to solar project

The US Securities and Exchange Commission has charged Gautam Adani, Sagar Adani, and Cyril Cabanes in connection with an alleged bribery scheme tied to a multi-billion-dollar solar energy project. The Adani Group has strongly denied the allegations, terming them baseless

22 November,2024 08:37 AM IST | Washington
Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP

Adani group tried to enter Delhi's power sector but Kejriwal stopped them: AAP

The billionaire industrialist has been charged by US prosecutors for allegedly being part of a scheme to pay over USD 250 million (about Rs 2,100 crore) bribe to Indian officials in exchange of favourable terms for solar power contracts

21 November,2024 06:45 PM IST | New Delhi | PTI
Billionaire Gautam Adani charged in US with USD 250 mn bribery, fraud

Billionaire Gautam Adani charged in US with USD 250 mn bribery, fraud

US prosecutors charged Adani, 62, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts on terms that could potentially bring in more than USD 2 billion in profit

21 November,2024 06:44 PM IST | New York/New Delhi | mid-day online correspondent
Gautam Adani bribery, fraud case: Here's full statement of US Justice Dept

Gautam Adani bribery, fraud case: Here's full statement of US Justice Dept

US prosecutors charged Adani, 62, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts on terms that could potentially bring in more than USD 2 billion in profit

21 November,2024 06:44 PM IST | Mumbai | mid-day online correspondent

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