Indian Billionaire Gautam

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 10 hours ago

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

Gautam Adani takes on plan to redevelop Mumbai’s biggest slum

Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital

World - Financial Times - Yesterday

Walmart hits new highs and Target dives after earnings as rivals diverge even more

Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.

Business - CNBC - 14 hours ago

Comcast's cable network spinoff may be a signal to the media industry for necessary change

Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.

Business - CNBC - 14 hours ago

Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Business - CNBC - 12 hours ago

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...

World - The Guardian - 14 hours ago

FirstFT: Russia fires its first intercontinental ballistic missile

Also in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-up

World - Financial Times - 2 hours ago

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

‘Numero Uno’: US takes aim at Gautam Adani

Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme

Business - Financial Times - 7 minutes ago

China loses third of its billionaires as economy falters

ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortune

World - Financial Times - October 29

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - October 31

Billionaires have business interests hinging on election outcome

Billionaires who have funneled tens of millions of dollars into the 2024 election or who have made key decisions affecting the race have a lot riding on the outcome. Two of the biggest names to get ...

Politics - The Hill - October 31

US Charges Gautam Adani With Fraud Over Bribery Scheme

Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.

Tech - The New York Times - 1 hour ago

Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India

The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done in India.

Business - The New York Times - 6 minutes ago

Biden to formally apologize for Indian boarding school system

President Joe Biden is scheduled to issue a formal apology Friday for a government-run boarding school system that forcibly separated generations of Native American children from their families.

Politics - NBC News - October 25

Biden formally apologizes for Indian boarding school system

Watch live coverage as President Joe Biden formally apologizes for a U.S. government boarding school system that forcibly separated generations of Native American children from their families ...

Biden delivers apology for Indian boarding school atrocities

President Biden in Arizona issued a formal presidential apology for the atrocities committed during a 150-year era of forced federal Indian boarding schools.

Indian man dies in Channel crossing attempt

French authorities say the man died when a dinghy sank shortly after departing the coast.

Pioneering Indian designer Rohit Bal dies at 63

Bal, whose innovative creations were worn by stars and supermodels, had recently made a comeback after years.

Indian investors lukewarm over Swiggy’s $1.3bn listing

The food delivery app’s IPO has landed during a backdrop of dismal earnings across the corporate subcontinent

World - Financial Times - November 10

Chocolate makers stoke boom for Indian cocoa beans

World - Yahoo News - 2 days ago

Legal concerns over billionaire Elon Musk PAC giveaway to support Trump

A campaign tactic by Donald Trump ally Elon Musk is raising new legal concerns. The billionaire is offering a big cash prize to battleground state voters who sign a petition for his Trump super ...

Another billionaire investor positions for a Trump win. He’s placing ‘inflation trades.’

Legendary investor Paul Tudor Jones said Tuesday he’s moved his portfolio in the direction of a victory by Donald Trump in the Nov. 5 presidential election, but warned of a potential reckoning over ...

Business - MarketWatch - October 23

Musk v Ambani: Billionaires battle over India's satellite internet

Musk's Starlink and Mukesh Ambani are preparing to face off in India’s satellite broadband market.

Democrats rip Musk as billionaire takes leading role in Trump campaign

Billionaire tech magnate Elon Musk is drawing attacks from top Democrats and concern from election watchdogs as he barnstorms for former President Trump in a crucial swing state. Over the past ...

Politics - The Hill - October 25

‘Anticipatory obedience’: newspapers’ refusal to endorse shines light on billionaire owners’ motives

The Los Angeles Times and the Washington Post both declined to endorse a candidate – a sign of political media capture. When two American billionaires blocked the newspapers they own from endorsing ...

World - The Guardian - October 26

Latest in Indian Billionaire Gautam