Adani Group: Gautam Adani Faces Securities Fraud Charges, Not FCPA Violations
Gautam Adani, his nephew Sagar Adani, and a senior executive have been charged with securities fraud violations but not with breaching the US FCPA.
US Authorities Indict Gautam Adani And Executives In Bribery Case, No FCPA Violations Alleged
Gautam Adani, his nephew Sagar Adani, and senior executive Vineet Jain have been indicted by US DOJ for alleged involvement in a $265 million bribery scheme.
Adani Group Presents Robust Financials; Emphasizes Growth Without Reliance On External Debt
Gautam Adani’s conglomerate has highlighted its strong cash flows and profitability, ensuring growth without heavy reliance on external debt.
US SEC Has No jurisdiction To Summon Foreign National; Adani Notice To Go Via ‘Proper Channel’
The SEC must follow diplomatic channels to serve the summons. The summons will go through the Indian Embassy in the US. This follows protocols under the 1965 Hague Convention and the Mutual Legal Assistance Treaty between India and the US
Gautam Adani Faces Indictment In US: Legal Expert Vijay Aggarwal Dismisses Immediate Repercussions
Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment is unlikely to lead to any major consequences
Adani Group Denies Bribery Allegations; Vows Legal Action
The Adani Group has rejected recent bribery allegations from the US DOJ and SEC, calling them baseless and unfounded.
Rahul Gandhi Slams Centre Over Dues To Jharkhand; Pledges Support For JMM Alliance
Rahul Gandhi accused the Centre of withholding Rs 1.36 lakh crore in dues owed to Jharkhand on the last day of campaigning.
Adani Group To Invest $10 Billion In US Energy & Infrastructure; Vows 15,000 Jobs Creation
On Wednesday, Gautam Adani announced that the company will invest $10 billion in US energy security and infrastructure projects.
Gautam Adani Praises Donald Trump For His Tenacity Following Historic Comeback
Adani shared his thoughts on X, calling Trump the 'embodiment of unbreakable tenacity' and 'relentless determination.'
Adani Enterprises Reports 6.6x Surge In Q2 FY25 Net Profit; Reaching Rs 1,741 Crore
On Tuesday, Adani Enterprises Ltd (AEL) reported a 6.6 times increase in net profit, reaching Rs 1,741 crore for Q2 FY25.