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Adani’s US ‘arrest warrant’ over bribery: Foreign media points to ‘text trail, ties with Modi’

Update: At 1:41 pm on November 21, 2024, Adani Group-owned NDTV Profit published a report saying that the conglomerate denies the allegations against it and will seek legal recourse.

Newslaundry · Nov 21, 2024

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 · Nov 21, 2024

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 · Nov 21, 2024

Adani Green Energy net profit rises 51% to Rs 323 crore in Jun quarter

MUMBAI: Adani Green Energy on Monday reported a nearly 51 per cent rise in consolidated net profit to Rs 323 crore in the June 2023 quarter, mainly driven by higher revenues.

The Times of India · Aug 1, 2023

Six Adani group companies settle higher; four firms hit upper circuit

NEW DELHI: Shares of six Adani Group firms out of ten listed entities ended the day in positive territory on Thursday amid an overall weak trend in the equity markets.

The Times of India · Mar 9, 2023

Roadshows, $3 billion credit from sovereign wealth fund: What Adani Group is doing to restore investors' trust

NEW DELHI: The Adani Group is trying all means to win back investors' confidence in the aftermath of a massive stock rout that has eroded over $140 billion of its market value since January 24.

The Times of India · Mar 1, 2023

Adani Group to invest $442 million in bankrupt Sri Lanka

NEW DELHI: Sri Lanka's Board of Investment has approved two wind power plants by Adani Green Energy with a total investment of $442 million.

The Times of India · Feb 23, 2023

Adani vs Hindenburg saga: 10 things which have happened so far

NEW DELHI: Amid reports of cut in growth targets and capex, Adani Group on Monday said that its growth plans are intact, business plans are fully funded and it remains confident of delivering returns to shareholders.

The Times of India · Feb 13, 2023

Hedge funds hunting for Gautam Adani bargains are using this playbook

MUMBAI: Hedge funds that previously stayed clear of stocks and bonds linked to Gautam Adani's empire are jumping in after a more than $100 billion wipeout in the group's market value.

The Times of India · Feb 9, 2023

Adani Green Energy Q3 net profit more than doubles to Rs 103 crore

NEW DELHI: Adani Green Energy's consolidated net profit more than doubled to Rs 103 crore in the December quarter, mainly on the back of higher revenues.

The Times of India · Feb 7, 2023