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Tag: adani bribery charges

How will bribery charges impact Adani?

Posted on November 30, 2024 By admin
How will bribery charges impact Adani?

Adani Group chairman Gautam Adani speaks at an event in Jaipur on November 30, 2024. | Photo Credit: AP The story so far: Last week, the U.S. Department of Justice charged two officials of a renewable energy company listed in the U.S. in connection with a bribery scheme allegedly perpetrated by Gautam Adani, chairman of…

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Fitch places some Adani bonds on negative watch after U.S. bribery charges

Posted on November 26, 2024 By admin
Fitch places some Adani bonds on negative watch after U.S. bribery charges

Representational image of the Adani Group logo | Photo Credit: Reuters Ratings agency Fitch has put some of Adani Group’s bonds on watch for a possible downgrade after some of the firm’s key executives were indicted by U.S. authorities on bribery charges. Adani Energy Solutions Ltd, Adani Electricity Mumbai and some of Adani Ports and…

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