Indian billionaire faces charges over years-long alleged bribery scheme
Alleged $265mn bribery scheme raises questions about the probity of Indian authorities and business leaders
US charges against Gautam Adani raise questions about Delhi’s safeguards
US corruption charges against one of India’s richest men sent shares in his businesses reeling
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Shares in group tumble after prosecutors accuse tycoon and others of lying to investors to land lucrative contracts
Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital
Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity supplies
Indian conglomerate threatens to halt flows from coal-fired plant over debt dispute
Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations
Court ruling reveals that money laundering probe began in 2021
Legal challenge is latest blow to Indian conglomerate’s efforts to expand overseas presence
Costly projects approved under Sheikh Hasina have left interim government ‘firefighting’, top energy official says
Energy company has sought tie-ups with the Indian group despite last year’s fraud allegations
Madhabi Buch and her husband deny claims she is biased and say their finances are an ‘open book’
Share sale by Adani Energy Solutions is first for Indian conglomerate since fraud allegations in 2023
Plus, western banks’ Chinese expansion plans fall off a cliff and a UK fund’s thorny history in Russia
‘Show cause’ notice reveals short seller worked with US hedge fund Kingdon Capital Management
Billionaire tied his infrastructure empire’s fortunes to the prime minister’s development plans
Group set to leverage new public infrastructure in order to compete with rival Reliance and Big Tech
The UK prime minister takes a risk by announcing summer vote
Indian conglomerate rejects accusations of inflating prices in transactions with state utility
New Delhi-based institute to focus on climate and international politics as other NGOs come under government scrutiny
Investigation has threatened to reignite public relations crisis for Indian conglomerate owned by Gautam Adani