Middle East conflict weighs on Ambani’s petrochemicals-dependent empire
People close to Indian conglomerate accused of market manipulation held billions of dollars’ worth of shares
SEC tries to move bribery case forward after India’s government refused to formally notify tycoon of charges
India’s PM due to address fintech summit with Keir Starmer on Thursday
Securities and Exchange Board clears conglomerate of fraud allegations included in 2023 report by US short seller
Indian tycoon tells conglomerate’s annual meeting that governance meets global standards
Pranav Adani seeks settlement with India’s markets regulator over allegations linked to energy company acquisition
Global financial groups continue to deal with Indian conglomerate despite US legal troubles
US president’s actions have fuelled expectations in group that cases against Gautam Adani will collapse
Contentious tie up with Indian billionaire sparked protests and scrutiny of his conglomerate’s coal business
Indian conglomerate announces withdrawal after new government in Colombo launches review of tariff deal
US allegations of corruption against Indian group’s executives have brought some foreign projects under scrutiny
First major capital raise since US indicted billionaire Gautam Adani and associates in an alleged bribery scheme
Also in this newsletter: Adani Group’s funding fix and the numbers behind the world’s biggest advertising agency
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
Kenya’s reversal of support for airport project underlines global ramifications of US indictment
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
Indian billionaire faces charges over years-long alleged bribery scheme
Alleged $265mn bribery scheme raises questions about the probity of Indian authorities and business leaders