Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegations
Charges against Indian tycoon follow a troubled government effort to boost renewable power
First remarks by Indian billionaire after indictment by federal prosecutors
Plus, the crypto side-hustle driving Telegram’s latest financial boost and Citigroup pulls back on promotions in bank overhaul
New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme
Indian conglomerate releases report on operations after US indictment of founder Gautam Adani for alleged bribery
Justice department’s prosecution of Indian billionaire has wide economic and diplomatic implications
Turbulence draws fresh attention to risks and pricey valuations of local stocks
US charges against Gautam Adani raise questions about Delhi’s safeguards
US corruption charges against one of India’s richest men sent shares in his businesses reeling
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Shares in group tumble after prosecutors accuse tycoon and others of lying to investors to land lucrative contracts
Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital
Dhaka makes assurances to clear its bills after conglomerate threatened to halt electricity supplies
Quarterly results boost Gautam Adani’s conglomerate as it seeks to bounce back from damaging allegations
Powerful tycoons remain central to prime minister’s plans but voters have shown disquiet at inequality
Billionaire tied his infrastructure empire’s fortunes to the prime minister’s development plans
Group set to leverage new public infrastructure in order to compete with rival Reliance and Big Tech
New Delhi-based institute to focus on climate and international politics as other NGOs come under government scrutiny
Investigation has threatened to reignite public relations crisis for Indian conglomerate owned by Gautam Adani
Billionaire tycoon welcomes decision to halt case’s transfer to law enforcement, saying ‘truth has prevailed’
Indian billionaire’s listed businesses have recovered nearly $46bn in market capitalisation
Washington and New Delhi compete with Beijing for influence in region
Gautam Adani’s flagship company records operating profit rise despite collapse in coal trading revenues
