US Charges Gautam Adani With Fraud Over Bribery Scheme

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 - November 21

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 - November 21

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 - November 20

Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government. Gautam Adani is widely regarded as one of the most powerful men in India, as ...

World - The Guardian - November 21

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

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

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 - November 20

US charges Gautam Adani, one of world's richest people, with fraud

Indian businessman Gautam Adani, one of the world's richest people, was charged by the U.S. on allegations of fraud. Adani is accused of fooling investors by concealing that his company's expansive ...

Politics - The Hill - November 21

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.

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 there.

Business - The New York Times - November 21

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 - November 20

Adani Group slams 'baseless' New York fraud and bribery charges

India's Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani.

Business - CNBC - November 21

US fraud charges roil Adani’s empire

Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears

World - Financial Times - November 21

Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

Business - CNBC - November 21

US charges against Gautam Adani put loyal Jefferies on the spot

New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme

World - Financial Times - 2 days ago

FirstFT: Trump picks Pam Bondi as US attorney-general after Gaetz withdraws

Also in today’s newsletter, McKinsey closes in on $600mn opioid settlement, and why the lesbian pay premium is narrowing

World - Financial Times - 6 days ago

CNBC's Inside India newsletter: Gautam Adani's U.S. fraud charges could have wider repercussions for India

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their "bribery scheme."

Business - CNBC - 6 days ago

Will US charges hit business ambitions of billionaire ally of India's PM?

The charges could jeopardise the ambitions of one of the world’s richest men, both at home and abroad.

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 - November 21

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight

World - ABC News - November 21

US House panel keeps Gaetz sex allegation report under wraps

Democrats demand release of files on Donald Trump’s pick to be country’s attorney-general

World - Financial Times - November 20

UK cuts fines for boilermakers in climbdown on heat pump sales

Shift comes after intense lobbying from industry over incoming penalties tied to net zero targets

World - Financial Times - November 21

SEC issues summons for Gautam Adani, nephew on bribery allegations

The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a ...

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 - November 20

‘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 - November 21

$20bn wiped off Adani corporate empire after bribery charges

US corruption charges against one of India’s richest men sent shares in his businesses reeling

Business - Financial Times - November 21

‘Adios Adani!’ Bribery charges threaten group’s Africa ambitions

Kenya’s reversal of support for airport project underlines global ramifications of US indictment

Business - Financial Times - Yesterday

India's 2nd-wealthiest person charged by U.S. in $250 million bribery scheme

U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian ...