NEW DELHI — Billionaire Indian industrialist Gautam Adani has been charged with paying hundreds of millions of dollars of bribes and hiding the payments from investors, US prosecutors said on Wednesday. With a business empire spanning coal, airports, cement and media, the chairman of Adani Group has been rocked in recent years by corporate fraud […]
Tag: Gautam Adani
Adani Group to take full control of IANS after raising stake to over 99 per cent
NEW DELHI — Billionaire Gautam Adani’s conglomerate Adani Group is set to take complete ownership of news agency IANS India Pvt Ltd by raising its stake in the company, further expanding its media presence after acquiring NDTV. In December 2023, Adani Group had picked up the controlling stake in IANS at 50.50 percent. Now, the […]
SC refuses SIT probe into stock price manipulation allegations against Adani group
NEW DELHI — In a relief to the Adani Group, the Supreme Court on Wednesday refused to transfer the probe into the allegations of stock price manipulation by the Indian corporate giant to a special investigation team and directed market regulator SEBI to complete its probe into two pending cases within three months. Holding that […]