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‘No request from US on this case’, MEA on reports of summons to executives of Adani group in alleged bribery case

The Ministry of External Affairs spokesperson Randhir Jaiswal on Friday said the allegations against the AdGroup top executives were a legal matter involving private firms and individuals and the US Department of Justice. In the weekly press briefing, Jaiswal informed the reporters that there are established procedures and legal avenues in such cases which India […]

CRISIL Ratings has published a report reaffirming its strong credit ratings for Adani Group companies

CRISIL Ratings has published a report reaffirming its strong credit ratings for Adani Group companies. Despite recent legal developments, including a US indictment followed by materially false and misleading coverage, the agency has maintained a positive outlook on the group’s companies and entities. “Adani Group has sufficient liquidity and operational cash flows to meet its […]

Japanese Banks sticking with Adani as Jefferies, Barclays review ties

Japan’s biggest banks plan to maintain ties to billionaire Gautam Adani despite US bribery charges, even as other global firms including Barclays Plc are reassessing their exposure to the Indian conglomerate. Mizuho Financial Group Inc. expects the latest saga surrounding Adani won’t have a long-lasting impact and intends to continue supporting the group, according to […]

Adani Portfolio delivers Record H1 and TTM Performance

Ahmedabad, 25 November 2024: In line with its commitment to transparency, Adani Group, India’s leading infrastructure conglomerate, today announced the release of Adani Portfolio’s H1 FY25 and Trailing-Twelve-Month (TTM) Results and Credit Compendium. The Results Compendium provides a comprehensive overview of the financial performance of Adani Portfolio and the Credit Compendium offers in-depth insights into […]

The allegations leveled by the US Justice Department against the directors of Adani Green are baseless: Adani Group

The allegations made by the US Department of Justice and the US Securities and Exchange Commission against directors of Adani Green are baseless and denied. Adani Group spokesperson said. As stated by the US Department of Justice itself, “the charges in the indictment are allegations and the defendants are presumed innocent unless and until proven […]

Jeet Adani Details Ambitious Vision for Airport Business, Expanding AAHL’s Footprint

Jeet Adani, Director of Adani Airport Holdings Limited (AAHL), has charted an ambitious path for India’s airport infrastructure, forecasting nearly Rs 1 trillion in investments over the coming years. AAHL, which oversees seven major airports across India and is spearheading the Navi Mumbai airport project, aims to dominate the nation’s aviation and city-side development sectors. […]

Adani Group will create 15 thousand employment opportunities in the energy sector in America

Adani Group Chairman Gautam Adani posted on social media and said, Congratulations to Donald Trump. As the partnership between India and the United States deepens, the Adani Group is committed to leveraging its global expertise and invest $10 billion in US energy security and resilient infrastructure projects, aiming to create up to 15,000 jobs. https://x.com/gautam_adani/status/1856679498311184665
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