Adani

2024 - 11 - 20

Adani Group: From Empire to Scrutiny, Will the Giant Stumble?

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Allegations fly high as Adani Group faces bribery charges in the U.S., leading to a dramatic stock plunge! Is this the end of Gautam Adani's reign?

In a shocking turn of events, the Adani Group is thrust back into the spotlight, grappling with serious accusations from the United States. The U.S. Securities and Exchange Commission (SEC) and the Department of Justice have raised concerns over alleged bribery and fraud involving the billionaire Gautam Adani and his associates. With claims suggesting a staggering $265 million in bribes to Indian officials, the Adani Group vehemently rebuffs these allegations, branding them as "baseless" and a mere ploy to tarnish its reputation.

The dramatic fallout was evident on the stock market, where the Adani Group suffered its most significant loss since the infamous Hindenburg report, with a staggering Rs 2.25 lakh crore wiped off its market cap. Adani Enterprises shares crashed by nearly 23%, sending shockwaves through the Indian investment community. Investors are left grappling with a steep decline in confidence, and as the group scrapped a planned $600 million bond amidst these charges, it appears that daylight couldn't be more revealing for the embattled conglomerate.

Despite the chaos, analysts remain divided. Some speculate that this could be a turning point for the Adani Group, while others question if Gautam Adani can recover his once impenetrable financial fortress. As legal battles loom and accusations swirl, it has left many wondering whether this giant will weather the storm or if we are witnessing the beginning of an epic downfall.

Interestingly, scams and scandals in corporate India are not new, but this one stands out due to the scale of the claims involved. Did you know that billionaire Gautam Adani, whose empire stretches into ports, energy, and even renewable resources, has always been polarizing? His ascent combined with controversy has intrigued investors, but the present situation certainly poses the biggest threat yet to his illustrious career. Stay tuned as this story unfolds, because in the world of business, one minute you’re on top, and the next, you could be flat on your back!

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Image courtesy of "Business Standard"

Adani Group bribery allegations: 'Baseless': Adani Group denies US ... (Business Standard)

The Adani Group has strongly rejected recent allegations made by the United States Securities and Exchange Commission (SEC) and the US Department of Justice ...

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Image courtesy of "BBC News"

Gautam Adani: US charges Indian billionaire with fraud (BBC News)

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

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Image courtesy of "The Hindu"

Gautam Adani charged with bribery scheme LIVE| Adani dollar ... (The Hindu)

Adani Electricity Mumbai debt maturing in February 2030 fell nearly eight cents and dollar bonds issued by Adani Transmission also notched falls larger than ...

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Image courtesy of "The Economic Times"

Rs 2.25 lakh crore gone! Adani stocks record worst day since ... (The Economic Times)

The Adani Group experienced its worst trading day since the Hindenburg controversy, with a Rs 2.25 lakh crore market cap drop following bribery charges ...

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Image courtesy of "India Today"

Adani Group issues statement on bribery charges, abandons $600 ... (India Today)

Adani Group cancels $600 million bond amid US bribery charges · US DOJ, SEC allege Adani bribery for solar energy deals · Adani Green bonds plunge to record lows ...

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Image courtesy of "Economic Times"

Adani group: Adani Group scraps $600 million bond after US bribery ... (Economic Times)

The Adani Group has scrapped a $600 million bond offering following US charges against its founder, Gautam Adani, for alleged bribery. The charges sent the ...

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Image courtesy of "Business Today"

Adani Enterprises shares crack 23% today; here's what analysts say (Business Today)

Adani Enterprises share price: The stock was last seen trading 20.23 per cent lower at Rs 2249.80. At this price, it has fallen 27.79 per cent in the past ...

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Image courtesy of "News18 इंडिया"

Gautam Adani Bribery Case LIVE : अडानी के खिलाफ अरेस्ट वारंट जारी ... (News18 इंडिया)

Gautam Adani Bribery Case LIVE : अडानी ग्रुप के शेयरों ने 21 नवंबर को भारी गिरावट दर्ज की. गुरुवार को शुरुआती कारोबार में अडानी समूह की ...

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Image courtesy of "ABP News"

Adani Group Stocks: अडानी समूह के शेयरों में मचा हाहाकार, 20 फीसदी तक ... (ABP News)

Adani Group Stocks Update: स्टॉक एक्सचेंज पर लिस्टेड सभी 10 अडानी समूह के शेयरों में तेज गिरावट देखी जा रही है. ग्रुप के स्टॉक्स 20 फीसदी ...

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Image courtesy of "Zee News Hindi"

Share Market Live: अडानी के शेयरों में कोहराम, 5 महीने के निचले स्तर पर ... (Zee News Hindi)

Adani Group Stocks: एक द‍िन पहले शेयर बाजार में ग‍िरावट का स‍िलस‍िला थमा था. लेक‍िन आज शुरुआत से ही अडानी ग्रुप के शेयर में बि‍कवाली के ...

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Image courtesy of "The Economic Times"

$11 billion bill for $265 million bribe charges! How Gautam Adani ... (The Economic Times)

Indian billionaire Gautam Adani and Adani Group executives are facing US charges. They are accused of bribing Indian officials to secure power supply ...

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Image courtesy of "The Hindu"

Adani Group: U.S. Department of Justice allegations baseless (The Hindu)

Hours after a statement from the New York Eastern District court indicted Gautam Adani and the other board of directors of Adani group of companies of ...

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Image courtesy of "Business Standard"

SEC charges Adani in $265 mn bribery scandal: Here are the key ... (Business Standard)

Adani Group Bribery Fraud Case: The case alleged that Gautam Adani and others conspired to pay about $265 million in bribes to Indian govt officials to ...

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Image courtesy of "India Today"

Adani Group rejects US bribery charge as baseless, assures ... (India Today)

The Adani Group has strongly denied allegations of bribery and securities fraud levelled by US prosecutors against its chairman, Gautam Adani, and other key ...

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Image courtesy of "The New Indian Express"

US charges Gautam Adani over $250 million bribery scheme ... (The New Indian Express)

US authorities alleged that Adani and seven other senior business executives offered over $250 million (about Rs 2100 crore) in bribes to Indian government ...

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Image courtesy of "Hindustan हिंदी"

गौतम अडानी पर एक और बड़ी मुसीबत, भारत में अफसरों को घूस देने का आरोप ... (Hindustan हिंदी)

Gautam Adani Crisis: हिंडनबर्ग रिसर्च रपोर्ट के बाद अब एक बार फिर उद्योगपति गौतम अडानी संकट में आ गए हैं। इस बार गौतन अडानी ...

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Image courtesy of "Jansatta"

Stock Market Closing: शेयर बाजार में बड़ी गिरावट, Sensex 422 अंक गिरा ... (Jansatta)

बीएसई सेंसेक्स (BSE Sensex) आज 422.59 अंक गिरकर 77,155.79 पर बंद हुआ। वहीं निफ्टी 50 (Nifty 50) 168.60 गिरकर 23,349.90 के स्तर पर रह गया ...

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Image courtesy of "The Hindu"

Allegations and scandals against the Adani Group: A timeline (The Hindu)

Gautam Adani indicted for securities fraud, Adani Group stocks plummet, facing bribery and fraud allegations in the U.S..

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Image courtesy of "Business Today"

Gautam Adani bribery charges: Mutual funds that added or sold ... (Business Today)

In October 2024, 83 mutual funds purchased Adani Group stocks while 20 funds sold shares, resulting in a net increase of 46.07 lakh shares.

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Image courtesy of "The Hindu"

Gautam Adani Bribery case: Indian billionaire faces five-count ... (The Hindu)

Gautam Adani Bribery case: U.S. DoJ indicts Adani and associates for bribery, securities fraud, and wire fraud, impacting Adani Group's market value.

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Image courtesy of "दैनिक जागरण"

Adani Group पर अमेरिका में धोखाधड़ी का मुकदमा, शेयरों में भारी गिरावट ... (दैनिक जागरण)

अरबपति कारोबारी गौतम अदाणी और उनके अदाणी ग्रुप की कुछ फर्मों पर अमेरिका में धोखाधड़ी और रिश्वत देने के आरोप लगे हैं।

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Image courtesy of "Business Standard"

Gautam Adani's US indictment rattles stocks, Kenya cancels airport ... (Business Standard)

News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group.

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Image courtesy of "Economic Times"

World's biggest solar deal at the centre of Adani's indictment - The ... (Economic Times)

Gautam Adani and seven others are facing charges in the US for an alleged bribery scheme. US prosecutors claim the scheme aimed to secure solar energy ...

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Image courtesy of "नवभारत टाइम्स"

अडानी को शाम होते-होते दूसरा बड़ा झटका, केन्या में कई सौदे रद्द ... (नवभारत टाइम्स)

केन्या के राष्ट्रपति ने अडानी समूह के साथ एयरपोर्ट विस्तार और बिजली लाइन परियोजना रद्द कर दी है। अमेरिकी अभियोजकों ने अडानी समूह ...

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Image courtesy of "The Economic Times"

LIC's Adani portfolio declines by Rs 8683 crore in one day amid sell ... (The Economic Times)

LIC, holding stakes in seven Adani Group companies, saw an Rs 8683 crore erosion in its holdings on Thursday due to the Adani Group's stock price decline ...

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Image courtesy of "The Hindu"

Gautam Adani Bribery case: Indian billionaire faces five-count ... (The Hindu)

Gautam Adani Bribery case: U.S. DoJ indicts Adani and associates for bribery, securities fraud, and wire fraud, impacting Adani Group's market value.

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Image courtesy of "Economic Times"

Adani: Kenya cancels power transmission deal with Adani following ... (Economic Times)

Kenyan President William Ruto announced the cancellation of two major deals involving India's Adani Group. The first is the procurement process for ...

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Image courtesy of "India Today"

Gautam Adani charged in US: Allegations, rebuttals, and stock ... (India Today)

Billionaire Gautam Adani and his executives have been accused of paying bribes to obtain solar energy contracts. The allegations by US prosecutors raised a ...

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Image courtesy of "Hindustan हिंदी"

अडानी ग्रुप के शेयर 23% तक लुढ़के, क्या आया है निवेश का बड़ा मौका? जानें ... (Hindustan हिंदी)

गुरुवार का दिन अडानी ग्रुप में निवेश करने वाले इनवेस्टर्स के लिए किसी बुरे सपने से कम नहीं रहा है। समूह की कंपनियों में भारी गिरावट ...

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Image courtesy of "Business Standard"

Experts warn of severe legal fallout for Adani group and associates (Business Standard)

Experts say that under the provisions of US law, particularly the FCPA, an indictment of this nature is a serious offence.

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Image courtesy of "BBC News"

Adani charged in us : అదానీపై అమెరికాలో కేసు, భారీగా పడిపోయిన షేర్లు (BBC News)

రుణాలు, బాండ్ల రూపంలో అదానీ సంస్థల ప్రతినిధులు 300 కోట్ల డాలర్లు (దాదాపు 25 వేల కోట్ల రూపాయలు) సేకరించారని... లంచాలు, తప్పుడు ప్రకటనల ద్వారా ...

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Image courtesy of "The Guardian"

Who is Gautam Adani, the Indian billionaire charged in the US over ... (The Guardian)

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

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Image courtesy of "The Hindu"

Sri Lanka 'should be vigilant' about Adani power deal following U.S. ... (The Hindu)

Experts warn Sri Lanka to be cautious of Adani power project amid fraud allegations and calls for review.

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Image courtesy of "Livemint"

Gautam Adani's net worth drops by over ₹88726 crore in one day ... (Livemint)

What is the US bribery indictment scandal against Gautam Adani? According to US authorities, more than $250 million or ₹2,100 crore in bribes were promised to ...

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