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The Latest Breaking News from Adani Green Energy

The Future 50: The companies most likely to adapt, thrive, and grow

The AI boom and a strong venture-capital culture have made the U.S. the center of activity in the 2024 edition of our list.

Fortune

Glittering Dreams: India's Big Push For Solar Power

Vast lines of solar panels reflect the blazing sun in India's western deserts, a dazzling ocean broken only by bristling wind turbines.

International Business Times

The Indian solar deals embroiled in US indictment against Adani group

The indictment by United States prosecutors against Adani Group chairperson Gautam Adani and seven other executives, including of the firm Azure Power, does not name any officials to whom the defendants allegedly paid bribes totalling Rs 2,029 crore.

Newslaundry

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Why has Indian billionaire Gautam Adani been charged in a US bribery case?

It’s the latest in a recent series of fraud allegations trailing the embattled billionaire’s Adani Group.

Al Jazeera

Adani met YS Jagan in 2021, promised bribe of $200 million, says SEC

Foreign Official #1 is how the indictment order by the United States identifies a high-ranking official in Andhra Pradesh whom Gautam Adani personally met in August 2021 to offer bribes for getting solar contracts.

Newslaundry

Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery

Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.

Fortune

Adani’s US ‘arrest warrant’ over bribery: Foreign media points to ‘text trail, ties with Modi’

Update: At 1:41 pm on November 21, 2024, Adani Group-owned NDTV Profit published a report saying that the conglomerate denies the allegations against it and will seek legal recourse.

Newslaundry

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Adani indicted in US for $265 million bribery scheme in solar energy contracts

Adani Group founder Gautam Adani and seven others, including his nephew Sagar Adani, have been indicted in New York over serious charges of alleged bribery and securities fraud related to solar energy projects in India.

Newslaundry

A billionaire titan and the former third-wealthiest person in the world was just charged in a mammoth $2 billion bribery scheme

The alleged plot involved code names, PowerPoints, and bribe notes as a way to pay out hundreds of millions in bribes to government officials, authorities alleged.

Fortune

Save the Children pulls out of Science Museum event over sponsor concerns

Move follows London museum’s links to Adani Group, which has partnership with Israeli arms manufacturer

The Guardian - UK

India's Adani Group To Build World's Largest Renewable Park

Adani Green Energy's Khavda Renewable Energy Park in Gujarat is set to be the world's largest, powering 16 million homes with clean electricity.

Top News

Is Science Museum’s green power gallery tainted by fossil-fuel cash?

Museum’s funding by Indian energy group sparks controversy – with activists calling for boycott of ‘tainted’ partnership but others in full support

The Guardian - UK

Indian Tycoon Adani Bets Big On Vast Solar And Wind Plant

Deep in the desert along the border with Pakistan, India's most controversial billionaire is building the world's largest renewable energy park as he races to future-proof his coal-linked fortune.

International Business Times

India's troubled Adani invests in bankrupt Sri Lanka

Colombo (AFP) - Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared bankruptcy, approving a $442 million wind power project by India's scandal-hit Adani group.

AFP

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The Street

Billionaire Adani's Tanking Empire Dreams Less

A new batch of bad news has hit the Indian tycoon's conglomerate, which has been plagued by fraud allegations from a short-seller.

The Street

Billionaire Adani's Empire Loses $107 Billion

The crisis of confidence shaking the Indian conglomerate worsens day by day.

The Street

Losses of Billionaire Adani's Empire Rise to $107 Billion

The crisis of confidence shaking the Indian conglomerate worsens day by day.

Radio France Internationale

Asia's richest man wants India to lead a green energy revolution

India's Gautam Adani, the richest man in Asia, made his vast fortune betting on coal. Now he's aiming to become the world's top player in renewables by 2030 and to make his country a clean energy superpower.

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The Guardian - UK

Hundreds of teachers boycott Science Museum show over Adani sponsorship

More than 400 sign open letter expressing opposition to tie-in with green energy subsidiary of coalminer

The Hindu

‘Tangedco cleared significant outstanding dues to Adani Green Energy’

As per a financial transaction, the firm had receivables due of ₹514 crore from Tangedco

Benzinga

Tesla Down 16% This Year As Green Stocks Struggle — But This Indian Renewables Company Has Posted A Whopping 114% Gain

While 'green' stocks worldwide struggled amid an overall volatile environment in the past year, Adani Green Energy Ltd — a renewable energy company owned by India&#

Benzinga

Indian Billionaire On Track To Surpass Warren Buffett, Bill Gates In Wealth As Green Energy Stock Skyrockets 115%

Over 115% jump in the Adani Green Energy stock year-to-date has caused a sharp rise in the wealth of the Indian billionaire Gautam Adani — putting him just a few billion dollars away from surpassing Berkshire Hathaway (NYSE: BRK-A) (NYSE:

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