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Digital life
fromwww.nytimes.com
5 months ago

Adani Group, a Symbol of India's Soft Power, Stumbles After Indictments

Gautam Adani's indictment on fraud charges threatens his global business empire and India's international development initiatives.
Miscellaneous
fromFortune Asia
5 months ago

The Adani Group has lost $55 billion in market value since last week's shock indictment of billionaire founder

The Adani Group has lost nearly $55 billion in market value following fraud allegations against its founder and officials.
Digital life
fromwww.nytimes.com
5 months ago

Adani Group, a Symbol of India's Soft Power, Stumbles After Indictments

Gautam Adani's indictment on fraud charges threatens his global business empire and India's international development initiatives.
Miscellaneous
fromFortune Asia
5 months ago

The Adani Group has lost $55 billion in market value since last week's shock indictment of billionaire founder

The Adani Group has lost nearly $55 billion in market value following fraud allegations against its founder and officials.
fromWashington Post
5 months ago

Tycoon Adani pulls request for U.S. loan to finance strategic Sri Lanka port

"The blow to the United States is more than symbolic. It is strategic... This really was an initiative that U.S. officials saw as a way to meaningfully counter China's own activities in terms of infrastructure investments in the broader region."
Business
fromFortune
5 months ago

Adani summoned by US SEC to explain position in bribery case

The SEC's summons to Gautam and Sagar Adani concerning allegations of over $250 million in bribes highlights serious accusations that may affect their solar-power contracts and reputation.
Miscellaneous
fromwww.aljazeera.com
6 months ago

Kenya cancels more than $2.5bn in deals with Adani after US indictment

Kenyan President William Ruto has ordered the cancellation of a procurement process to grant control of Jomo Kenyatta International Airport to India's Adani Group due to recent legal issues surrounding the group's founder. The proposed deal, worth nearly $2 billion, included adding infrastructure enhancements in exchange for a lengthy lease, stirring strong public and political criticism regarding its transparency and perceived value.
Miscellaneous
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