Gautam Adani US Indictment: Names of 7 others accused in the US fraud case
Gautam Adani indicted by the U.S. Securities and Exchange Commission (SEC) with fraud, bribery, and corruption for allegedly defrauding American investors and bribing officials. File photo | Photo Credit: AP Gautam Adani along with seven others that includes his nephew Sagar Adani have been indicted by the U.S. Securities and
Gautam Adani indicted in US for bribery: What do we know so far?
Adani Group Chairperson Gautam Adani. File photo | Photo Credit: PTI A U.S. court has indicted Gautam Adani, his nephew Sagar Adani and six others on charges of duping investors and bribery. Gautam Adani U.S. indictment LIVE updates – November 21, 2024 What happened? Gautam Adani, one of the world’s
Commerce Secretary visits Norway to discuss early implementation of trade pact with EFTA bloc
Secretary of Department of Commerce in Ministry of Commerce & Industry Sunil Barthwal. File. | Photo Credit: PTI Commerce Secretary Sunil Barthwal has visited Norway to discuss the possibility of an early implementation of a free trade agreement between India and the four-nation European bloc EFTA, an official statement said
Sundaram Home Finance makes deeper foray into Coimbatore region
Sundaram Home Finance Managing Director D. Lakshminarayanan says that they are aiming for a threefold increase in overall disbursements of over ₹500 crore from the Coimbatore region in the next 12-18 months. Sundaram Home Finance (SHF) is aiming for a threefold increase in overall disbursements to over ₹500 crore in
PEWIN plans to expand Sri City unit capacity four-fold by investing ₹400 cr.
PEWIN Sri City Plant Head R. Manimaran says that it is one of the most modern and IoT connected plant with 88% automation. Components and finished goods are moved using Automated Guided Vehicles. Panasonic Electric Works India (PEWIN) is gearing up to increase the installed capacity of switches and sockets
Aurobindo inks pact with global pharma major for respiratory products
Aurobindo Pharma, through a U.S. subsidiary, has entered into a collaboration and licence agreement with a global pharma major for development of specific products across respiratory therapeutic area and their commercialisation. The financials include an upfront payment of $25 million on the effective date of the agreement. The two entities
Crash in stocks of Adani Group raises concern over Vizhinjam seaport development
Vizhinjam International Seaport in Thiruvananthapuram | Photo Credit: NIRMAL HARINDRAN The case charged against billionaire Gautam Adani and seven others in an alleged multibillion-dollar bribery and fraud scheme in the United States has raised concerns about the commitment made by the Adani Group in Kerala in connection with the development
World Bank study recommends skill-based training to enhance jobs in multiple sectors
File photo of Union Minister Mansukh Mandiviya. | Photo Credit: ANI Services sector jobs and agriculture income enhancement present large opportunities for school-based skilling, according to “Jobs at Your Doorsteps,” a skill gap study prepared by the World Bank based on availability of skill education and jobs in Himachal Pradesh,
None of Adani portfolio firms subject to any legal case: Group CFO
Adani Group CFO Jugeshinder Singh. | Photo Credit: Reuters None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate’s CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani’s indictment on bribery charges in the US. In a post on X (formerly
Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract
Represesntational image. File | Photo Credit: AP A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate’s other companies are accused of wrongdoing, the group’s CFO said on Saturday (November 23,