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Tag: Adani news

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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Business

Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract

Posted on November 23, 2024 By admin
Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract

Represesntational image. File | Photo Credit: AP A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate’s other companies are accused of wrongdoing, the group’s CFO said on Saturday (November 23, 2024). On Wednesday (November 20,…

Read More “Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract” »

Business

Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

Posted on November 22, 2024 By admin
Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors

In September 2024, TotalEnergies paid $444 million into a joint venture with Adani Green Energy for a 50% stake in 1.15 gigawatts of solar installations at the Khavda solar park. File | Photo Credit: Reuters “Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part…

Read More “Adanis knew of U.S. probe when they sold ‘bribe-linked assets’ to TotalEnergies, say prosecutors” »

World

Adani Group Chairman Gautam Adani, Wife Priti Adani Seek Blessings Of Saibaba At Shirdi Temple

Posted on August 16, 2024 By admin
Adani Group Chairman Gautam Adani, Wife Priti Adani Seek Blessings Of Saibaba At Shirdi Temple

Adani Group chairman Gautam Adani and his wife Priti Adani sought blessings of Saibaba as they offered prayers at the Saibaba temple in Shirdi on Friday. The Chief Executive Officer of Shri Saibaba Sansthan Trust, on behalf of the temple trust, presented a shawl and an idol of Saibaba to Mr Adani. Shirdi | अदाणी…

Read More “Adani Group Chairman Gautam Adani, Wife Priti Adani Seek Blessings Of Saibaba At Shirdi Temple” »

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