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Gautam Adani recalled the “joy” of closing his first deal. Jaipur: Adani Group Chairman Gautam Adani shared a personal story about the first time he broke the status quo. The story, he said, laid the foundation of “who I was to become”. Mr Adani, who delivered the keynote address at the 51st India Gem and…
Gautam Adani addressed the 51st India Gem & Jewellery Awards in Jaipur Billionare Gautam Adani today addressed the 51st India Gem & Jewellery Awards in Jaipur. During his speech, Mr Adani responded to the legal matter involving the US Department of Justice. He also spoke about how he made his first commission of Rs 10,000. …
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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YS Jagan Mohan Reddy denies allegations made in a US court finding New Delhi: Former Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has dismissed allegations of taking bribes in a solar power deal during his tenure as “hearsay”. The allegations stem from an indictment by the US Department of Justice, which the Adani Group…
Gautam Adani, founder and chairman of the Adani Group. File photo | Photo Credit: Reuters Backing embattled Adani Group, rating agency CRISIL Ratings on Friday (November 29, 2024) 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…
Read More “Crisil says no negative actions so far by lenders on Adani following U.S. indictment” »
“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…
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…
Read More “Adani Group Refutes Bribery Charge, Stocks See Strong Recovery: 10 Points” »
Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged by the U.S. Department of Justice with being part of an alleged scheme to pay $265 million in bribes to Indian officials. File. | Photo Credit: PTI Billionaire Gautam Adani and his nephew Sagar Adani have…
Former Attorney General Mukul Rohatgi spoke to the media this morning New Delhi: Punching holes in the allegations against Adani Group, senior lawyer and former Attorney General of India Mukul Rohatgi today said the group’s founder chairman Gautam Adani and his nephew Sagar Adani have not been accused of bribery or obstructing justice in the…
Read More “Senior lawyer Mukul Rohatgi on US charges against Adani Group” »
Adani Group chairman Gautam Adani, his nephew Sagar Adani, and senior executive Vneet Jain are clear of any bribery charge in the US indictment, the Adani Group has clarified. Adani Green, a firm under the Adani Group, has also called media reports on this as “incorrect”, in a latest stock exchange filing. “Mr Gautam Adani,…