Adina Group’s troubles are only growing as financial and legal headwinds get stronger
Adani Group is facing fallouts on several fronts as investors and partners rethink ties with the Indian conglomerate in the wake of bribery and fraud accusations by U.S. authorities.
Adani Group is staring at trouble on several fronts as investors and partners rethink ties with the Indian conglomerate in the wake of bribery and fraud accusations by U.S. authorities.the U.S. indictment of its billionaire founder Shares of the French oil major, which owns a 19.75% stake in Adani Green Energy and a 50% holding in joint ventures with Adani Green, fell 2.4% on Monday."DFC is aware of the recent allegations related to Adani and is actively assessing the ramifications in light of the recent DOJ announcement," an official with the development agency said in a statement.
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