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KENYA CANCELS DEALS
China company secures Kenya airport deal after Adani falloutThe East African nation awarded China Communications Construction Co. an engineering, procurement and construction contract to update and e...- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- US DoJ drops charges against Adanis, othersUS authorities have dropped criminal charges against Gautam Adani and Adani Group executives. This follows a 19-month investigation. The co...
- Kenya taps development banks for airport expansion after ditching Adani dealKenya is seeking $2 billion in international development loans to expand Nairobi's Jomo Kenyatta International Airport, including a second ...
- Major fallout for Adani Group after US bribery indictmentFollowing U.S. bribery charges against Gautam Adani, several nations and investors have paused or scrapped deals with the Adani Group. Tota...
- Kenya cancels power transmission deal with Adani following US bribery chargesKenyan President William Ruto announced the cancellation of two major deals involving India's Adani Group. The first is the procurement pro...
- Never entered into pact to operate airport in Kenya: AdaniGautam Adani's group refuted claims that Kenya canceled deals worth over USD 2.5 billion following bribery charges in the US. The group cla...
- Adani Energy Solutions says no material impact from Kenya energy deal cancellationAdani Energy Solutions stated that the cancellation of a $736 million transmission line project in Kenya does not necessitate regulatory di...
- Exchanges seek clarification on disclosure violations by Adani Group entitiesStock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in th...
- Adani Group stocks reverse losses, surge up to 4% a day after US charges Gautam AdaniAdani Enterprises Share Price: Most Adani Group stocks ended in the green on Friday after witnessing significant cuts on Thursday following...
- 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...
- Onyx Biotec shares debut at 11% discount on NSE SME platform todayOnyx Biotec share price: Onyx Biotec's shares debuted on the NSE SME platform at Rs 54.05, below the issue price of Rs 61. The company rais...
- Indian Hotels shares trade at all-time high. Can the rally defy market gloom?Indian Hotels shares hit an all-time high, backed by positive technical indicators and strong management plans. Analysts forecast further g...
- 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 ...
- Modi's ties with Adani tremendous risk to foreign policy: Congress leader RameshCongress leader Jairam Ramesh criticizes Prime Minister Narendra Modi's ties to Gautam Adani, stating they pose risks to India's foreign po...
- Adani Group faces funding challenges and halted projects following SEC chargesThe US Securities and Exchange Commission (SEC) has charged Gautam Adani and seven others with bribery and fraud, impacting the Adani Group...
- Flights grounded at Kenya's main airport as workers protest against Adani dealThere were chaotic scenes at Kenya's main airport overnight as staff went on strike early Wednesday over a planned takeover by an Indian co...
- Chinese loan terms caution Africa: Project implementation on slow modeReports suggest 22 countries faced difficulty in paying Chinese loans, costing China $240bn between 2008 and 2021. Countries like Tanzania ...
- Kenya: Case of growing Chinese debt obligationsAccording to Kenyan officials, releasing the documents would undermine Kenya’s national security, “since terms in the contract touch on for...
- China's Belt and Road leaves Kenya with a railroad to nowhereConstruction of what was intended to be a flagship infrastructure project for Eastern Africa was halted earlier this year after China withh...
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