Adani Group CFO says bribery case accused will clarify matters with US authorities in 10 days
Adani Group's finance chief said on Friday that individuals accused by U.S. authorities of being part of a $265 million bribery scheme, including Chairman Gautam Adani, would clarify matters with the U.
'I Would Know': Adani Group CFO Says No Bribery Carried Out by Group Executives
U.S. authorities accused Adani, 62, his nephew and executive director Sagar Adani and managing director of Adani Green, Vneet S. Jaain, of being part of a scheme to pay bribes of $265 million to secure Indian solar power supply contracts, and misleading U.S. investors during fund raises there.
Adani Group Rejects Bribery Allegations While Pursuing Growth
Adani Group CFO Jugeshinder Singh dismissed allegations of bribery, emphasizing no large cash payments were made. He affirmed the group's commitment to growth and infrastructure projects. The group is addressing accusations with planned denials and maintaining cooperation with US laws.
Adani Group CFO rejects bribery allegations, India says no US request yet on case
By Dhwani Pandya, Shilpa Jamkhandikar and Shivam Patel MUMBAI/NEW DELHI (Reuters) -The finance chief of India's Adani Group on Friday rejected U.S. allegations that executives, including Chairman Gautam Adani,
No bribes paid, I would certainly know if large amount of cash is paid to anybody: Adani Group CFO
Maintaining that no bribes were given to government officials to secure contracts, Adani Group's chief financial officer Jugeshinder Singh on Friday said that he would definitely come to know if any l
Adani CFO refutes US allegations: ‘Individuals accused in bribery case to clarify matter in 10 days’
Adani group executives, including Chairman Gautam Adani, will clarify the bribery allegations over the next 10 days.
Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,
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Adani Group stocks recover most of last week's losses: Timeline of key events
Following the US-Department of Justice indictment the Adani Group denied the allegations and called them ‘baseless’ on 21.
Adani Green soars 19% as group stocks recover sharply amid ongoing U.S. legal challenges
Shares in India’s Adani Group have been rallying on the back of the group’s statement refuting bribery charges against its ...
Adani Green Dollar Bond May be Revived Mid-2025, Group CFO Says
Adani Green Energy Ltd. will consider resurrecting its scrapped dollar bond between April and June, Group Chief Financial ...
Adani Green's dollar bond may be revived by mid-2025, says group CFO
Other Adani Group firms may also raise funds through a few public bond sales in India over the next 12 months, Singh said ...
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Billionaire Gautam Adani Charged With Defrauding Investors
According to an indictment unsealed on Wednesday, the 62-year-old billionaire and head of the Adani Group conglomerate is charged with securities fraud and conspiring to commit securities and wire ...
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Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the wake of bribery and fraud accusations by U.S. authorities. Projects and ...
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Adani Group says it has enough cash to cover debt payments for the next year
Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. Adani Group said its listed companies had enough cash to cover debt payments over the coming year ...
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MEA On US Charges Against Adani: ‘Legal Affairs Involving Private Firms, India Hasn’t Received Any Request’
MEA stated that the US charges against Gautam Adani are a legal matter involving private entities as it informed that no ...