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Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth. ... CBS News. 6.2 magnitude earthquake ...
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 ...
NEW DELHI (Reuters) -Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, plunging his conglomerate deep ...
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 ...
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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 ]
The report was released ahead of Adani Enterprises' follow-on public offering, which opened on Friday, 6 pm, 27 January 2023. [48] The Adani Group's CFO (Jugeshinder 'Robbie' Singh) [49] stated that the timing of the report's publication was a "brazen, mala fide intention" to damage the offering. [48]
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 ...