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Billionaire Gautam Adani’s Fortune Shrinks $16 Billion Amid Fallout From Bribery Case
Since the bribery indictment last week, Indian billionaire Gautam Adani's net worth has tumbled almost $16 billion to about $54 billion currently, according to Forbes real-time data. The group is also facing a backlash from investors and business partners.
Kenya terminates Adani Group deals after US bribery allegations against Gautam Adani
Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.
No bribery charges against Gautam Adani and his nephew in US indictment, claims Adani Green
The Adani Green Energy Limited has claimed no bribery charges have been levelled against billionaire and tycoon Gautam Adani, his nephew Sagar Adani and senior Adani Group executive Vneet Jain in the US indictment,
Adani Group Clarifies On US Indictment Bribery Case | 'Clears Gautam & Sagar Adani From Charges...'
Adani group has confirmed the acquittal of Gautam and Sagar Adani and has informed the security exchanges about recent indictments in the US. The group's senior members have faced bribery allegations,
Tuko on MSN
1d
Kenya legally terminates multi-billion Adani deals, John Mbadi announces
Kenya has officially terminated multi-billion-shilling agreements with Indian conglomerate Adani Group, after President ...
14h
on MSN
Gautam Adani’s power play gains backers to fight back with full force amid US bribery storm
Adani Group denied bribery allegations and received strong support from investors and legal experts. Stocks have started to ...
9d
Kenya cancels Adani deals after US indictment
It follows accusations that Adani was scheming to pay over $250 million in bribes to Indian government officials, which he ...
The Africa Report
9d
Kenya: Why Ruto cancelled the Adani deals
The president’s announcement came a day after Gautam Adani, the chair of the Indian conglomerate, was indicted in New York ...
2d
on MSN
Adani fraud allegations rock Indian Parliament as opposition demands probe
India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against ...
7d
Adani Energy Solutions says no material impact from Kenya energy deal cancellation
Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require ...
The Africa Report
12d
Morocco, Kenya, Tanzania… Does the Adani Group really have an Africa strategy?
Some of Indian billionaire Gautam Adani’s African projects have been criticised or not carried out at all, casting doubt on ...
9d
on MSN
Kenya Scraps $2.6 Billion Adani Deals in Wake of US Indictment
Kenyan President William Ruto canceled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours ...
8d
Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal
Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his ...
8d
on MSN
Kenya cancels airport and energy deals with Adani group after the US indicts the Indian billionaire
Kenya’s president says he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam ...
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