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ADANI BRIBERY SCANDAL
GQG doubles down on Adani, raises stakes in 5 stocks as US bribery shadow fadesRajiv Jain-led GQG Partners has significantly increased its stake in five Adani Group companies, signaling strong confidence despite a past...- Neither GQG nor LIC, mutual funds played Adani bull in Q3During the December quarter, domestic mutual funds increased their stakes in several Adani Group stocks while foreign investors reduced the...
- Adani Group: Bernstein analysts on what changed in last 2 yearsA Bernstein report highlights that the Adani Group's balance sheet has improved over the past two years since the Hindenburg report in Janu...
- Gautam Adani’s power play gains backers to fight back with full force amid US bribery stormAdani Group denied bribery allegations and received strong support from investors and legal experts. Stocks have started to recover as both...
- Chandrababu Naidu-led govt 'considering 3 options' to put Adani-linked PPAs on holdThe Andhra Pradesh government is exploring options to halt a power agreement with Adani Green Energy following bribery allegations. The sta...
- Naidu government explores options to keep SECI solar deal alive amid bribery allegations against Adani groupThe Andhra Pradesh government is exploring options to maintain its 2021 solar power deal with SECI despite a US bribery scandal involving t...
- Moody's changes rating outlook on 7 Adani companies to negativeAdani Group Stocks: Moody's downgraded the outlook for seven Adani Group companies. Fitch also took negative rating actions on several Adan...
- Gautam Adani's biggest trial: How it all started in June 2020Indian billionaire Gautam Adani and his associates are facing accusations of orchestrating a massive bribery scheme to secure a solar energ...
- Gautam Adani: US summons & a new twist in India intensify billionaire's troublesGautam Adani's business empire faced a new wave of turmoil as a US court indictment accused him of orchestrating a $250 million bribery sch...
- Gautam Adani's US bribery indictment: What you need to knowIndian billionaire Gautam Adani and seven others have been indicted by U.S. prosecutors for an alleged $265 million bribery scheme involvin...
- GQG Partners refuses to sell Adani stocks after bribery scandalGQG Partners downplayed the impact of the $265 million US bribery scandal on Adani Group, stating their investment thesis remains unchanged...
- Telangana declines Rs 100 crore donation from Adani groupTelangana rejected Adani Group's Rs 100 crore donation. Chief Minister Revanth Reddy cited concerns over controversies. The donation was in...
- Indian government will maintain its support for Gautam Adani, says GQG Partners after US' bribery caseUS-based investment firm GQG Partners, one of the largest foreign institutional investors in the Adani Group, stated on Monday that the Ind...
- Plea filed in Supreme Court to take US bribery charges against Gautam Adani on recordThe US Supreme Court is now involved in the Gautam Adani bribery scandal. A new plea alleges that Adani bribed Indian officials to secure s...
- S&P downgrades outlook on three Adani Group firms amid US indictmentS&P Global Ratings has downgraded the outlook for three Adani Group companies following US authorities indicting founder Gautam Adani on br...
- PSU bank stocks rally 2% as investor confidence returnsPublic sector bank stocks, led by SBI, Bank of Baroda, and PNB, rebounded 2% on Friday after investor confidence returned, easing concerns ...
- GQG hiked stake in 4 Adani stocks, LIC booked profit in 2 in Q2GQG Partners increased its stake in four Adani Group companies during the September quarter, while LIC reduced its holdings in two. These c...
- Adani bribery scandal: US indictment names Odisha, Andhra Pradesh, J&K, Tamil Nadu, and ChhattisgarhThe US Securities and Exchange Commission has charged Gautam Adani and associates with a multi-billion dollar scheme involving bribery and ...
- Gautam Adani’s wealth drops over $10 billion in a day amid U.S. bribery scandalBillionaire Gautam Adani, chairman of the Adani Group, saw his net worth drop by $10.5 billion to $59.3 billion in a single day, following ...
- Adani’s Kenya dealings spark protests, lawsuits and hearingsAdani's proposal to manage Kenya's main airport has led to protests, Senate hearings, and lawsuits. The bid, which includes a 30-year conce...
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