Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Thursday. While BSE Sensex was below 77,200, Nifty50 was below 23,400.
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Gautam Adani indicted in US: Adani Green withdraws $600 million bond offering amid bribery allegations
Adani Green Energy Ltd. has canceled its $600 million bond offering following a US court order indicting senior Adani Group executives, including Gautam Adani, for alleged bribery.
Here are US charges against Gautam Adani
US prosecutors have brought charges against billionaire Gautam Adani, alleging his involvement in a significant bribery scheme.
Gautam Adani indictment: Moody’s says bribery charges credit negative for Adani group companies
Gautam Adani and seven others, including his nephew, were indicted in the US on bribery charges. Moody’s stated that the indictment negatively impacts the credit status of Adani Group companies.…
Adani sells $600 million dollar bond after October postponement
Gautam Adani’s Adani Green Energy Ltd. successfully sold $600 million in 20-year green dollar bonds with a 7.45% yield. This comes after a previous attempt in October was postponed due…
Byju’s founder accused of trying to regain firm with hidden cash
Byju’s founder, Byju Raveendran, attempted to use hidden loan funds to repurchase a US-based software company. Raveendran is embroiled in legal battles in both India and the US over his…