Gautam Adani’s spot as Asia’s second-richest person is under renewed threat after US prosecutors charged him in November with suspected bribery, triggering a rout in the stocks of his companies. The Adani Group issued a statement that called the charges baseless.

Billionaire Gautam Adani and his company, Adani Group, were accused of bribery and fraud by US prosecutors. The group denied the accusations. This is not the first controversy for Adani. His company faced criticism and legal challenges in India,

Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.

Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s

S&P Global Ratings has downgraded the outlook for three Adani Group companies following US authorities indicting founder Gautam Adani on bribery and fraud charges. The allegations have triggered market losses and raised concerns about the group's corporate governance,

The allegations by US prosecutors and the US Securities and Exchange Commission (SEC) have also impacted the Adani Group’s international securities. The group’s dollar-denominated bonds saw a sharp decline,

Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme in India, plunging his conglomerate deep into crisis for the second time in two years.