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Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO

Times of India LogoTimes of India6h ago

Adani US indictment: US charges relate to a single contract, no public co accused, says Adani Group CFO - Times of India

Quick Summary:

India Business News: MUMBAI: The US bribery charges against Adani Group relate to a single contract within Adani Green Energy, constituting approximately 10% of its operat.

American investors contributed about $175 million to the total sum, according to Reuters.

Singh said the group will provide a comprehensive response after receiving legal clearance as the matter is currently before the courts.


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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 09:56:19 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 479 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23784225

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Official Website: timesofindia.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4 hours ago

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Publication Timezone: GMT +5:00

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Publisher ID: #28

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