Adani
India’s Adani Group to invest over US$88 billion in Rajasthan state
Indian conglomerate Adani Group will invest over US$88.53 billion in various sectors such as renewable energy and cement in the northwestern state of Rajasthan, Karan Adani, managing director of...
Bangladesh wants to renegotiate Adani power deal unless court cancels
BANGLADESH wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation...
Adani says his empire will emerge stronger after US bribery case
Indian billionaire Gautam Adani struck a combative tone in his first public remarks since US prosecutors indicted him in a US$250 million bribery scheme, saying “every attack” makes his...
Japanese banks sticking with Adani as Jefferies, Barclays review ties
JAPAN’S biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays are reassessing their exposure to the Indian...
Indian banks review Adani exposure in wake of US bribery allegations
INDIAN banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday (Nov 28), after the group’s billionaire founder Gautam Adani...
Abu Dhabi’s IHC maintains outlook on Adani Group stakes as stocks rise sharply
INTERNATIONAL Holding Co’s (IHC) outlook on investments in India’s Adani Group remains unchanged, the Abu Dhabi conglomerate said following the US indictment of billionaire Gautam Adani, while the company’s...
India’s Andhra Pradesh state likely to suspend Adani power deal
India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s billionaire founder Gautam Adani over...
Adani Wilmar said to defer stake sale amid US bribery charges
Local securities law requires at least 25% of the holding to be with non-founders within three years of listingAdani Enterprises and Wilmar International are said to delay a proposed...
