insert_link Business / Economics US charges Indian billionaire Adani with bribery The United States has charged Indian billionaire Gautam Adani with orchestrating a $250 million bribery scheme. Adani is one of the world's richest men and is known for his close ties to India's prime minister Narendra Modi. Rebecca Bundhun reports from Mumbai. todayNovember 21, 2024 8
insert_link Africa Kenya’s Largest Aviation Union Delays Strike Amid Airport Development Talks Kenya's largest aviation workers' union has delayed its planned strike, originally set for Monday, by two weeks. Reuters says, the postponement allows for negotiations with the government over a proposed agreement with India's Adani Airport Holdings to develop Kenya's main airport. The union, representing airport staff, opposes the deal, citing concerns about potential job losses and the introduction of non-Kenyan workers. todayAugust 19, 2024 15
insert_link Business / Economics India’s market regulator bats for its chief amid quid pro quo allegations India's market regulator is asking investors to exercise due diligence before reacting to fresh allegations by a US-based short seller. Hindenburg Research has accused the head of India's market regulator of conflicts of interest relating to the Adani Group. They say SEBI's chief, Madhabi Puri Buch and her husband invested in offshore funds also used by the Indian conglomerate. Neha Poonia has more. todayAugust 12, 2024 16