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Gautam Adani, chairman of Adani Group, during a Bloomberg Television interview at the company's headquarters in Ahmedabad, Gujarat, India, on Saturday, May 25, 2024. Adani was charged with fraud ...
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 ...
In 2023, it published a report accusing the Adani group of decades of "brazen' stock manipulation and accounting fraud". Mr Adani and his company denied the allegations, calling them "malicious ...
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 news agency is also revealing details about Bangladesh's plan to reopen the 25-year deal, and that it hopes to use the fallout from U.S. prosecutors' November indictment of Adani and seven ...
Adani Group (Hindi: [əd̪aːniː], Gujarati: [əd̪aɳiː]) is an Indian multinational conglomerate, headquartered in Ahmedabad.Founded by Gautam Adani in 1988 as a commodity trading business, the Group's businesses include sea and airport management, electricity generation and transmission, mining, natural gas, food, weapons, and infrastructure. [12]
Adani Transmission was founded by Gautam Adani in December 2015 after separating the decade-old transmission business from Adani Enterprises. [5] At the time of the founding, the company became the primary custodian for more than 3800 circuit kilometers of transmission lines originating from the Mundra Thermal Power Station, connecting Mundra–Dehgam, Mundra–Mohindergarh and Tirora–Warora.
FILE - India's Adani Group Chairman Gautam Adani addresses the Vibrant Gujarat Global Summit in Gandhinagar, India, Jan.10, 2024. (AP Photo/Ajit Solanki, File) (ASSOCIATED PRESS)