Search result for 'bribery'

Fitch Removes Adani Energy from Rating Watch - Outlook Negative

March 13, 2025 16:55

Fitch Ratings has removed Adani Energy Solutions from Rating Watch Negative and assigned a Negative Outlook, citing adequate funding access by the Adani group despite US indictments. The rating...

Adani Energy Rating Upgrade: Fitch Removes Watch List

March 10, 2025 16:03

Fitch Ratings removes Adani Energy Solutions from 'Ratings Watch Negative', citing adequate funding access despite US indictment. Learn more about the upgrade and its implications.

Adani Group Stocks Drop Amidst SEC Probe

February 19, 2025 18:23

Nine Adani group stocks fell on Wednesday as the SEC continues its investigation into alleged bribery schemes involving Gautam and Sagar Adani. Read more.

SEC Serving Complaint on Gautam Adani & Sagar Adani in US Court

February 19, 2025 08:37

The SEC is working to serve its complaint on Gautam Adani and Sagar Adani in the US, including through a request for assistance from Indian authorities. The complaint alleges a bribery scheme...

Modi-Trump Summit: F-35 Jets, Trade Deal & More - India News

February 14, 2025 20:39

India and the US have strengthened their ties with a summit between PM Modi and President Trump, resulting in F-35 jet sales, a potential trade deal, and more.

Modi Denies Discussing Adani Bribery Case with Trump

February 14, 2025 18:52

Prime Minister Narendra Modi said he did not discuss the bribery charges against Gautam Adani with US President Donald Trump. Trump also made no mention of the case.

Trump Pauses Adani Bribery Law Enforcement

February 11, 2025 13:49

Trump has directed the DOJ to pause enforcement of the FCPA, which was used to investigate Adani Group for bribery. The move is seen as a relief for the Indian conglomerate.

CRISIL Upgrades Adani Green Energy Asset Outlook

February 6, 2025 18:21

Crisil Ratings has revised the outlook for Adani Green Energy's three assets to 'Positive', reflecting strong revenue visibility and timely refinancing. This follows scrutiny after US bribery...

Adani Group Appoints Law Firms to Review US Bribery Indictment

January 24, 2025 15:26

Adani Group has appointed independent law firms to review a US indictment alleging bribery by Gautam Adani, his nephew, and another executive. The group denies the charges.

Adani Raises Rs 4,850 Cr from Adani Wilmar Stake Sale

January 10, 2025 20:01

Adani Group has raised Rs 4,850 crore by selling a 13.5% stake in Adani Wilmar, part of its strategy to exit non-core businesses and focus on infrastructure. The transaction attracted significant...

Adani to Raise Rs 7,148 Cr from Adani Wilmar Stake Sale

January 9, 2025 20:39

Adani Group to sell up to 20% stake in Adani Wilmar for Rs 7,148 crore to focus on infrastructure business. The move follows allegations of bribery and comes as part of the conglomerate's exit from...

Adani Wilmar to Emulate ITC, Expand FMCG Portfolio

January 5, 2025 18:55

Adani Wilmar, India's largest edible oil company, plans to leverage its core business to drive growth in FMCG portfolio after Adani Group's exit. The company is aiming to emulate ITC's strategy,...

Gautam Adani Bribery Case Consolidated: US Court Orders

January 3, 2025 21:06

A New York court has consolidated criminal and civil cases against Gautam Adani related to bribery allegations. The cases will be assigned to one judge.

TRAI Officer Arrested for Bribery - Cable Operator Case

January 3, 2025 12:20

A senior TRAI officer was arrested by the CBI for allegedly taking a bribe of Rs 1 lakh from a cable operator in Himachal Pradesh to influence compliance matters. The officer allegedly demanded the...

Corporate India in 2024: Mergers, Farewells, and Controversies

January 1, 2025 11:05

2024 was a year of significant events for Indian corporations, marked by mergers, acquisitions, farewells, and controversies. Explore the key developments that shaped the year.

Adani Group Firms Rise: Adani Total Gas Surges 11%

December 30, 2024 17:26

Seven Adani group companies closed higher on Monday, with Adani Total Gas soaring over 11%. Adani Enterprises sold its entire stake in Adani Wilmar for over USD 2 billion.

Adani Enterprises Revenue to Surge by FY27: Brokerage

December 29, 2024 13:18

Adani Enterprises' revenue is projected to reach Rs 1.5 lakh crore by FY27, driven by growth in airports, solar/wind, and copper. The company's net earnings are expected to rise by 46%.

IOC Probes US Firm Bribery Allegations

December 22, 2024 14:12

Indian Oil Corporation (IOC) is investigating allegations that Albemarle Corporation bribed its officials to secure catalyst contracts between 2009 and 2011. The US firm settled a bribery case with...

Adani Launches New Campaign Amidst US Indictment

December 19, 2024 12:49

Adani Group unveils a new campaign focused on human-interest stories, seeking to rebound from US bribery allegations. The campaign highlights the positive impact of its infrastructure projects on...

PwC Survey: 59% Indian Firms Faced Financial Fraud

December 18, 2024 18:34

A PwC survey reveals 59% of Indian organizations experienced financial fraud in the past 24 months, with procurement fraud emerging as the top threat. Learn more about the findings and how...

Adani Drops US Funding for Colombo Port Project

December 11, 2024 13:06

Adani Group withdraws from US loan for Colombo Port terminal, citing internal funding. The project, facing scrutiny amid bribery allegations, will be completed using company resources.

Adani to Self-Fund Colombo Port Project, Dropping US Funding

December 10, 2024 23:01

Adani Ports will use its own resources for the Colombo West International Terminal, withdrawing a US$553 million loan request amid bribery allegations against the group.

66% Businesses Paid Bribes in India: LocalCricles Survey

December 8, 2024 14:11

A new survey by LocalCricles reveals that 66% of businesses in India paid bribes in the past year, with 54% forced to do so. The survey highlights the ongoing issue of corruption in India, despite...

Adani Solar Contract: Analysts See Lower Tariffs, Potential Buyers

December 8, 2024 10:05

Analysts believe Adani Group's solar contract, despite bribery allegations, has competitive tariffs and could find new buyers if cancelled. The contract is under investigation for alleged bribes...

JP Morgan Rates Adani Bonds 'Overweight': Key Takeaways

December 6, 2024 13:23

JP Morgan rates four Adani bonds 'overweight', citing strong cashflows and growth potential. Learn about the rating rationale and key risks.

Aviation Bill: Replacing 90-Year-Old Act

December 3, 2024 20:12

India's Rajya Sabha debates a bill to replace the 90-year-old Aircraft Act, aiming to boost ease of doing business and attract investments in the aviation sector. The bill also seeks to address...

Adani Group Stocks Surge: Adani Ports Up 6% - Business News

December 3, 2024 17:50

Shares of seven Adani Group companies ended higher on Tuesday, with Adani Ports leading the gains. Bernstein says the group is in a stronger financial position now.

Adani Group's Financial Health Improves Post Hindenburg: Bernstein

December 3, 2024 15:32

Bernstein says Adani Group's financial position has strengthened since the Hindenburg report, citing reduced share pledges, lower leverage, and improved valuations.

Adani Group CFO Denies Bribery Allegations

November 29, 2024 22:27

Adani Group CFO Jugeshinder Singh denies bribery allegations in the US, stating he would know if any large cash payments were made. The group maintains its commitment to infrastructure projects and...

Adani Group Stocks Surge: Adani Total Gas Soars 19%

November 28, 2024 11:35

Nine of the 11 listed Adani Group firms traded higher on Thursday, with Adani Total Gas soaring nearly 19%. Adani Energy Solutions and Adani Green Energy hit their highest trading permissible...

CBI Arrests 2 EPFO Officials in Rs 10 Lakh Bribery Case

November 27, 2024 17:27

The CBI arrested two EPFO officers in Himachal Pradesh for allegedly accepting a Rs 10 lakh bribe to settle a provident fund matter. The arrest followed a trap operation where a consultant was...

Adani Group Stocks Surge: Adani Energy Climbs 8% - Times of India

November 27, 2024 11:51

Shares of Adani Group companies rallied in morning trade on Wednesday, with Adani Energy leading the gains, recovering from Tuesday's fall. Learn more about the latest developments.

Adani, Nephew Not Charged Under US FCPA: Adani Green

November 27, 2024 08:12

Adani Group clarifies that Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged with FCPA violations but face charges related to securities and wire fraud.

Adani Group Stocks Fall; AGEL Tumbles 7%

November 26, 2024 17:36

Shares of all Adani Group companies declined on Tuesday, with Adani Green Energy falling 7% amid broader market weakness and US bribery charges against Gautam Adani.

Moody's Cuts Adani Outlook, Fitch Puts Bonds on Watch

November 26, 2024 16:45

Moody's downgraded Adani firms' outlook to 'negative', citing bribery charges against Gautam Adani. Fitch placed some Adani bonds on negative watch.

Andhra Energy Minister Denies Knowledge of SECI Deal, Adani Bribery Allegations

November 26, 2024 00:44

Former Andhra Pradesh Energy Minister B Srinivasa Reddy denies any involvement in a deal with the Solar Energy Corporation of India (SECI) amid an alleged international bribery scandal involving...

GQG Partners Backs Adani Amid Bribery Scandal

November 25, 2024 20:57

GQG Partners reaffirms confidence in Adani Group despite US bribery indictment, citing strong fundamentals and continued investment.

Adani Bribery Case: Extraterritoriality of US Laws Debated

November 25, 2024 18:06

Indian-American attorney Ravi Batra discusses the legal complexities surrounding the US charges against Gautam Adani, questioning the extraterritorial application of American laws.

Adani Group Stocks Dip After TotalEnergies Suspends Investments

November 25, 2024 17:41

Shares of five Adani group firms ended lower on Monday, with Adani Green Energy tumbling 8% after TotalEnergies said it will not make new investments in the group until bribery charges against...

Total Suspends Adani Investments Over Bribery Charges

November 25, 2024 16:04

French energy giant TotalEnergies has halted new investments in Adani Group companies following bribery allegations against the Indian firm's founder. The company says it will not make new...

Adani Bribery Case: Extraterritoriality of US Laws

November 25, 2024 15:08

Attorney discusses the implications of the USD 265 million bribery charge against Gautam Adani in the US, raising questions about the extraterritorial application of American laws.

INDIA Bloc Demands JPC Probe into Adani 'Scam', Govt Avoids Debate

November 25, 2024 13:27

The INDIA bloc seeks a Joint Parliamentary Committee investigation into the Adani 'scam', while the government avoids discussion, leading to adjournments in the Lok Sabha and Rajya Sabha. Congress...

Adani Group Stocks Surge: Energy Solutions Up 7%

November 25, 2024 11:29

Nine Adani group firms climbed on the bourses in morning trade on Monday, with Adani Energy Solutions surging nearly 7 per cent, in-tandem with a rally in the equity market.

Adani Group: Strong Finances, No External Debt Needed

November 25, 2024 11:21

Despite US bribery indictment, Adani Group assures investors of financial strength, highlighting ample cash reserves and growth plans without external debt.

US SEC Can't Directly Summon Adani: Sources

November 24, 2024 16:22

The US SEC will have to serve summons on Gautam Adani and Sagar Adani through diplomatic channels due to lack of jurisdiction over foreign nationals. The summons are part of the legal docket filed...

Adani Denies Kenya Airport Deal, Clarifies Power Line Project

November 23, 2024 20:07

Adani Group denies entering into a binding agreement to operate Kenya's main airport, clarifying on reports of deal cancellation following US bribery charges.

Adani's Dharavi Project Gets Boost After BJP Win

November 23, 2024 16:26

BJP's victory in Maharashtra ensures the continuation of Adani's USD 3 billion Dharavi redevelopment project, which was opposed by the Shiv Sena. The project aims to transform Asia's largest slum...

Adani Group Summoned in US Bribery Case

November 23, 2024 14:20

Gautam Adani and his nephew Sagar have been summoned by the US SEC to explain their role in an alleged bribery scheme involving lucrative solar power contracts. The SEC alleges the Adani Group paid...

Adani Group Denies Wrongdoing in US Indictment

November 23, 2024 12:56

Adani Group's CFO clarifies that none of its portfolio companies are accused of wrongdoing in the US indictment against Gautam Adani, emphasizing that allegations are just that and the accused have...

CCI Unlikely to Probe Adani Bribery Allegations: Chair

November 22, 2024 19:46

Competition Commission of India (CCI) Chairperson Ravneet Kaur says the regulator won't take action on Adani bribery allegations based on media reports, stating they require formal complaints. The...

Adani Group Faces Disclosure Violations: Exchanges Seek Clarification

November 22, 2024 18:05

Stock exchanges seek clarification from Adani Group on alleged disclosure violations related to bribery allegations in the US and cancelled Kenya airport deal. Experts say Sebi might investigate.

Sensex Soars, Investors Gain Rs 7.32 Lakh Cr

November 22, 2024 17:40

Indian stock markets surge, with the Sensex gaining over 2% on Friday, boosting investor wealth by Rs 7.32 lakh crore. The rally was driven by strong buying in blue-chip stocks and positive...

Sensex Reclaims 79k, Nifty Surges 557 Points: Markets Rebound

November 22, 2024 16:08

Indian equity markets staged a sharp recovery on Friday, with the Sensex reclaiming the 79,000 level and the Nifty surging 557.35 points. Strong buying by DIIs and a firm US market fueled the rally.

Adani Group Faces New Governance Concerns After US Indictment

November 22, 2024 15:58

S''P Ratings says US indictment of Gautam Adani could raise questions over governance practices at Adani Group, impacting funding access and reputation.

Adani Faces US Charges: Potential Arrest Warrants ''Extradition Bid'

November 22, 2024 11:24

US files criminal charges against Gautam Adani and others for bribery scheme, potentially leading to arrest warrants and extradition. Attorney discusses legal implications. '

Adani Stocks Plunge Again After US Bribery Charges

November 22, 2024 10:55

Adani group stocks continue to fall for the second day after US prosecutors accused Gautam Adani of bribery. Adani Green Energy leads the decline with an 11% drop.

Rupee Holds Steady vs US Dollar Amid Geopolitical Pressures

November 22, 2024 10:07

The Indian rupee traded in a narrow range against the US dollar on Friday, supported by domestic equities but pressured by geopolitical tensions and foreign portfolio outflows.

Sensex, Nifty Rebound After Fall: Bank Stocks Lead

November 22, 2024 10:06

Indian stock markets rebounded in early trade, with Sensex and Nifty gaining after a sharp fall in the previous session. Bank stocks led the recovery, fueled by value buying and positive US markets.

Gautam Adani Faces Bribery Charges: A Look at His Rise & Controversies

November 21, 2024 18:25

Gautam Adani, India's richest man, faces US charges of bribery and fraud. Learn about his journey from a diamond sorter to building a massive empire and the controversies he faced along the way.

Indian Market Slumps: Investors Lose Rs 5.27 Lakh Cr

November 21, 2024 18:02

Indian stock markets plunged on Thursday, with investors losing Rs 5.27 lakh crore, triggered by a sharp decline in Adani group stocks after bribery charges against Gautam Adani by US prosecutors....

Sensex, Nifty Tumble on Adani Charges, US Bribery Allegations

November 21, 2024 16:02

Indian stock markets fell sharply as Adani group stocks nosedived after Gautam Adani was charged with bribery and fraud in the US. Sensex and Nifty tumbled, impacted by foreign fund outflows and...

Rupee Hits All-Time Low: 84.50 Against US Dollar

November 21, 2024 16:01

The Indian rupee depreciated to an all-time low of 84.50 against the US dollar on Thursday due to factors like rising crude oil prices, geopolitical tensions, and FII outflows.

Moody's Downgrades Adani Group After Bribery Charges

November 21, 2024 13:43

Moody's has downgraded Adani Group's credit rating after Gautam Adani was indicted on bribery charges. The ratings agency will focus on the group's access to capital and governance practices.

Adani Group Denies Bribery Charges: US Prosecutors' Allegations Baseless

November 21, 2024 13:30

Adani group has denied bribery charges by US prosecutors, calling the allegations baseless and stating their commitment to compliance with all laws.

Adani Green Cancels Bond Sale After Bribery Charges

November 21, 2024 12:09

Adani Green Energy scrapped a USD 600 million bond issue after its promoter, Gautam Adani, was charged in an alleged bribery case in the US. The firm had tried to sell a similar offering a month...

Adani Group Stocks Plunge 20% on Bribery Charges

November 21, 2024 10:25

Adani group stocks nosedived on Thursday after US prosecutors charged Gautam Adani with bribery in a scheme to secure solar contracts in India. Adani Enterprises and Adani Energy Solutions tanked 20%.

Gautam Adani Charged with Bribery & Fraud: USD 250 Million Scheme

November 21, 2024 08:54

Billionaire Gautam Adani faces US charges of paying USD 250 million in bribes to Indian officials for solar contracts. The scheme allegedly involved Adani Group's nephew and former CEO.

ITPO Official Acquitted in Bribery Case: CBI Failed to Prove Acceptance of Bribe

November 4, 2024 17:03

A special CBI court acquitted an ITPO deputy manager accused of taking a bribe, finding the agency failed to prove acceptance of the bribe. The court noted that the prosecution proved the demand of...

CBI Arrests Pune Registrar in Bribery Case - PTI

October 17, 2024 20:29

The CBI has arrested an assistant registrar of companies and inspector posted in Pune for allegedly taking a bribe of Rs 3 lakh from a company. The accused, Ajay Pawar, allegedly demanded a bribe...

Shriram Properties Denies Involvement in TN Bribery Case

September 25, 2024 16:31

Shriram Properties Ltd has denied any involvement in an alleged bribery case involving a former Tamil Nadu minister, stating there is nothing to implicate the company or its former joint venture....

CBI Books Deputy Director for Bribery: Rs 2 Crore Demand in Mumbai

September 12, 2024 16:29

The CBI has registered a case against a Deputy Director of the Registrar of Companies in Mumbai for allegedly demanding a bribe of Rs 2 crore. The agency conducted searches in Mumbai and...

NTPC Manager Arrested for Rs 8 Lakh Bribe - CBI

May 3, 2024 21:50

CBI arrests a senior NTPC manager in Mumbai for allegedly taking an Rs 8 lakh bribe to pass bills. The vice-president of an advertisement company filed a complaint against the manager.

Pune Court Orders Probe of Cognizant Bribery Allegations

April 26, 2024 22:28

A Pune court has directed the ACB to investigate allegations that IT major Cognizant paid bribes to secure permits for its campus. The allegations stem from a US SEC order.

CBI Arrests NHAI General Manager in Bribery Case - Rs 20 Lakh

March 3, 2024 14:20

The CBI has arrested an NHAI general manager in Nagpur for allegedly accepting a Rs 20 lakh bribe from a private company. The agency recovered Rs 45 lakh cash during a search operation.

China Everbright Group Chairman Arrested for Corruption

January 15, 2024 14:22

Former chairman of China Everbright Group, Tang Shuangning, has been arrested on suspicion of embezzlement and bribery amid a crackdown on corruption in China's financial sector.

CBI Arrests PESO Officials in Rs 10 Lakh Bribery Case

January 4, 2024 19:35

The CBI arrested two PESO officials in Nagpur for allegedly accepting a Rs 10 lakh bribe from a Rajasthan-based company owner. The agency also recovered cash and incriminating documents during...

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'bribery'

CBI Arrests Power Grid Senior GM for Bribery

Fitch Removes Adani Energy from Rating Watch - Outlook Negative

Adani Energy Rating Upgrade: Fitch Removes Watch List

Adani Group Stocks Drop Amidst SEC Probe

SEC Serving Complaint on Gautam Adani & Sagar Adani in US Court

Modi-Trump Summit: F-35 Jets, Trade Deal & More - India News

Modi Denies Discussing Adani Bribery Case with Trump

Trump Pauses Adani Bribery Law Enforcement

CRISIL Upgrades Adani Green Energy Asset Outlook

Adani Group Appoints Law Firms to Review US Bribery Indictment

Adani Raises Rs 4,850 Cr from Adani Wilmar Stake Sale

Adani to Raise Rs 7,148 Cr from Adani Wilmar Stake Sale

Adani Wilmar to Emulate ITC, Expand FMCG Portfolio

Gautam Adani Bribery Case Consolidated: US Court Orders

TRAI Officer Arrested for Bribery - Cable Operator Case

Corporate India in 2024: Mergers, Farewells, and Controversies

Adani Group Firms Rise: Adani Total Gas Surges 11%

Adani Enterprises Revenue to Surge by FY27: Brokerage

IOC Probes US Firm Bribery Allegations

Adani Launches New Campaign Amidst US Indictment

PwC Survey: 59% Indian Firms Faced Financial Fraud

Adani Drops US Funding for Colombo Port Project

Adani to Self-Fund Colombo Port Project, Dropping US Funding

66% Businesses Paid Bribes in India: LocalCricles Survey

Adani Solar Contract: Analysts See Lower Tariffs, Potential Buyers

JP Morgan Rates Adani Bonds 'Overweight': Key Takeaways

Aviation Bill: Replacing 90-Year-Old Act

Adani Group Stocks Surge: Adani Ports Up 6% - Business News

Adani Group's Financial Health Improves Post Hindenburg: Bernstein

Adani Group CFO Denies Bribery Allegations

Adani Group Stocks Surge: Adani Total Gas Soars 19%

CBI Arrests 2 EPFO Officials in Rs 10 Lakh Bribery Case

Adani Group Stocks Surge: Adani Energy Climbs 8% - Times of India

Adani, Nephew Not Charged Under US FCPA: Adani Green

Adani Group Stocks Fall; AGEL Tumbles 7%

Moody's Cuts Adani Outlook, Fitch Puts Bonds on Watch

Andhra Energy Minister Denies Knowledge of SECI Deal, Adani Bribery Allegations

GQG Partners Backs Adani Amid Bribery Scandal

Adani Bribery Case: Extraterritoriality of US Laws Debated

Adani Group Stocks Dip After TotalEnergies Suspends Investments

Total Suspends Adani Investments Over Bribery Charges

Adani Bribery Case: Extraterritoriality of US Laws

INDIA Bloc Demands JPC Probe into Adani 'Scam', Govt Avoids Debate

Adani Group Stocks Surge: Energy Solutions Up 7%

Adani Group: Strong Finances, No External Debt Needed

US SEC Can't Directly Summon Adani: Sources

Adani Denies Kenya Airport Deal, Clarifies Power Line Project

Adani's Dharavi Project Gets Boost After BJP Win

Adani Group Summoned in US Bribery Case

Adani Group Denies Wrongdoing in US Indictment

CCI Unlikely to Probe Adani Bribery Allegations: Chair

Adani Group Faces Disclosure Violations: Exchanges Seek Clarification

Sensex Soars, Investors Gain Rs 7.32 Lakh Cr

Sensex Reclaims 79k, Nifty Surges 557 Points: Markets Rebound

Adani Group Faces New Governance Concerns After US Indictment

Adani Faces US Charges: Potential Arrest Warrants ''Extradition Bid'

Adani Stocks Plunge Again After US Bribery Charges

Rupee Holds Steady vs US Dollar Amid Geopolitical Pressures

Sensex, Nifty Rebound After Fall: Bank Stocks Lead

Gautam Adani Faces Bribery Charges: A Look at His Rise & Controversies

Indian Market Slumps: Investors Lose Rs 5.27 Lakh Cr

Sensex, Nifty Tumble on Adani Charges, US Bribery Allegations

Rupee Hits All-Time Low: 84.50 Against US Dollar

Moody's Downgrades Adani Group After Bribery Charges

Adani Group Denies Bribery Charges: US Prosecutors' Allegations Baseless

Adani Green Cancels Bond Sale After Bribery Charges

Adani Group Stocks Plunge 20% on Bribery Charges

Gautam Adani Charged with Bribery & Fraud: USD 250 Million Scheme

ITPO Official Acquitted in Bribery Case: CBI Failed to Prove Acceptance of Bribe

CBI Arrests Pune Registrar in Bribery Case - PTI

Shriram Properties Denies Involvement in TN Bribery Case

CBI Books Deputy Director for Bribery: Rs 2 Crore Demand in Mumbai

NTPC Manager Arrested for Rs 8 Lakh Bribe - CBI

Pune Court Orders Probe of Cognizant Bribery Allegations

CBI Arrests NHAI General Manager in Bribery Case - Rs 20 Lakh

China Everbright Group Chairman Arrested for Corruption

CBI Arrests PESO Officials in Rs 10 Lakh Bribery Case

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