A caucus of six US Congressmen on Monday wrote a letter to newly appointed Attorney General Pamela Bondi demanding a review on the “questionable” decisions taken by the US department of Justice against Adani group during President Joe Biden’s administration.Congressmen Lance Gooden, Pat Fallon, Mike Haridopolos, Brandon Gill, William R Timmmons and Brian Babin claimed…
MUMBAI: GQG Partners, a major foreign investor in the Adani group companies, has initiated defensive measures to safeguard its share price following the fallout from a US investigation into the Ahmedabad-based conglomerate. The Sydney-listed fund initiated a $65 million share buyback programme, citing the potential presented by the significant drop in its stock value. GQG’s…
Adani group head Gautam Adani (Image Credit: Adani’s X account) NEW DELHI: Gautam Adani and his conglomerate, the Adani Group, are at the center of a major legal and financial storm following an indictment by US prosecutors. The charges allege that Adani, his nephew Sagar Adani, and other associates orchestrated a $265 million bribery scheme…
