Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Adani Group funding in focus after US indictment against founder
Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion ...
18hon MSN
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares ...
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday ...
The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.
The Times of India on MSN16h
US indictment: Adani's foreign backer GQG goes for buyback after stock slides 19%The Sydney-listed fund initiated a $65 million share buyback programme, citing the potential presented by the significant ...
Shares of Adani Enterprises, the flagship company of the conglomerate, plunged 7% in early trade to hit a 52-week low of ...
New York prosecutors said billionaire Gautam Adani and seven of his execs paid massive bribes to the Indian government and ...
Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe ...
Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from ...
Gautam Adani, one of Asia's richest men, is accused of paying millions to Indian government officials to get solar energy ...
Adani Group stocks staged a strong recovery on Friday (22 November), reversing early losses to surge by up to 6 per cent in midday trade. The rebound followed a sharp sell-off the previous day, ...
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