Watch: Adani U.S. indictment: three relationships that are being watched
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Tag: Adani Group
Biden’s U-Turn On Son Raises Questions About US Justice Department, Action Against Adani Group
Washington DC: US President Joe Biden’s latest move has revived allegations raised by Donald Trump of the US Department of Justice being manipulated by political powerhouses. In a stunning volte face, Mr Biden today extended the Presidential pardon to his convicted son Hunter Biden, who was days away from being sentenced to decades in prison….
Over 25,000 Tenements Surveyed For Dharavi Redevelopment Project
Dharavi survey is a complex operation requiring meticulous effort and coordination. The survey of more than 25,000 tenements at Mumbai’s Dharavi is completed and over 60,000 have been numbered, said a senior official of the Dharavi Redevelopment Project that aims to transform Asia’s largest slum into a modern, liveable community. “On an average day, 300…
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Adani U.S. indictment: What is the diplomatic impact? Watch Video
It’s been more than a week since the US Department of Justice, FBI and the Securities and Exchange Commission issued indictments- charging the Adani group, its top leadership including Gautam Adani of a conspiracy to bribe Indian government officials for contracts, and defrauding US investors by raising capital through bonds issues. Remember these are indictments…
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Crisil Reaffirms Strong Credit Ratings for Adani Group Amid Legal Challenges
New Delhi: Backing embattled Adani Group, rating agency CRISIL Ratings on Friday said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far by lenders and investors following the US indictment of group founder chairman. The Adani Group, which…
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Adani Group stocks surge; Adani Green jumps nearly 15%
A man walks past a corporate office of Adani Group in Gurugram, India, November 22, 2024. REUTERS/Priyanshu Singh | Photo Credit: Reuters Shares of all 11 listed Adani Group firms rallied in morning trade on Friday (November 29, 2024), with Adani Green Energy surging nearly 15%. Shares of Ambuja Cements went up by 2.90%, Sanghi…
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Key Abu Dhabi Fund, Sri Lanka Port Authority, Tanzanian Government Reaffirm Support For Adani Group
The Tanzanian government has reaffirmed its commitment to its agreements with Adani Ports. New Delhi: Abu Dhabi’s International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on investments in the group remains unchanged despite the US…
Norway Diplomat On Adani Case
“It’s time to put a stop to American overreach!” Erik Solheim said. New Delhi: Norwegian diplomat and former UN Environment Programme Executive Director Erik Solheim has questioned the US government report on the Adani Group, calling it a case of “American overreach.” Speaking out on global media coverage of the report, Mr Solheim asked, “When…
Mahesh Jethmalani On Adani US Case
Mahesh Jethmalani said he doesn’t know what evidence the US judge acted upon New Delhi: Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani said the Congress is “reading too much” into the indictment against the Adani Group in the US for “purely political purposes”. He said the Opposition party must provide credible evidence before…
Adani Group Refutes Bribery Charge, Stocks See Strong Recovery: 10 Points
Adani Group has flagged a wrong understanding of the US indictment for the “incorrect” reporting about the bribery charges, stating that it offered no evidence about the alleged exchange of bribes. Here are the top 10 points in this big story: All three directors – Gautam Adani, his nephew Sagar Adani, and senior executive Vneet…
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