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Why Adani charged in US for alleged bribery in India

#AdaniDec 2, 2024

Why Adani charged in US for alleged bribery in India

Indian billionaire Gautam Adani is accused of bribing Indian government officials to the tune of hundreds of millions of dollars, but why is he being charged in the United States and not in India? He is wanted in the US because he raised hundreds of millions of dollars in America at the same time, allegedly […]

India’s Adani Group threatens to cut off power supply to Bangladesh over payment dispute

AsiaNov 7, 2024

India’s Adani Group threatens to cut off power supply to Bangladesh over payment dispute

In a critical development impacting cross-border energy flows, India’s Adani Group has reduced electricity supplies to Bangladesh by up to 50% from its 1,600-megawatt Godda coal-fired plant, threatening a full suspension of power exports if overdue payments are not resolved. The conglomerate, owned by billionaire Gautam Adani, has set a deadline of November 7 for […]

Adani reminds Bangladesh to pay up $500m power debt as Dhaka urges India to send back Hasina

AsiaSep 11, 2024

Adani reminds Bangladesh to pay up $500m power debt as Dhaka urges India to send back Hasina

India-Bangladesh relations have become bumpy. The new Bangladesh government is trying to extradite former prime minister Sheikh Hasina, who has taken shelter in India after being ousted from power in August. Now, further straining relations between the two countries, India’s Adani Group is pressing Bangladesh for nearly $500 million in overdue payments. Bangladesh owes the […]

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