U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their “bribery…
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"Adani and other defendants also defrauded investors by raising capital on the basis of false statements about bribery and corruption, while still other defendants allegedly attempted to conceal the bribery conspiracy by obstructing the government's investigation," added James Dennehy, FBI assistant director in charge."During the alleged scheme, Adani Green raised more than $175 million from U.S.
"The indictment of Adani Group's chairman and other senior officials on bribery charges is credit negative for the group's companies," Moody's, a credit ratings agency, said in a statement. Orton added that select Indian equities still remained attractive despite the wider negative sentiment. That program, which the central bank is opening only to IT companies incorporated in India, is part of its push to. The RBI's cloud service, which will reportedly be launched on a small scale in 2025 before expanding, will offer smaller banks and financial firms a cheaper alternative to services from dominant cloud players like Amazon Web Services and Microsoft Azure.U.K.
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