Authorities in New York allege that Adani, alongside his nephew Sagar Adani and several other associates, orchestrated payments totaling USD 265 million in bribes to Indian government officials to secure lucrative contracts
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Sebi can likely issue prohibitory orders against the corporate bigwigs and also impose penalty if it is not satisfied with their reply or arguments in the adjudication proceedings. It remains to be seen how far Sebi can go before the current term of chief Madhabi Puri Buch ends in March 2025
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Govt. contemplating if it should ask Buch to step down, sources say
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On the Hindenburg controversy, Adani said that the Supreme Court had vindicated the company's stand
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The availability of green electrons will be the primary driver of a nation's economic progress, and in my opinion, the market for green electron as of now has no growth limits
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Gautam Adani praised Bhutan's efforts to build infrastructure under King Jigme Khesar Namgyel Wangchuck's vision and indicated his desire to work with the nation on hydro and other projects
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Adani, chairman of the Adani Group, now ranks 11th globally with a net worth of USD 111 billion, edging out Ambani, chairman of Reliance Industries (RIL), whose net worth stands at USD 109 billion
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Among the notable personalities who exercised their franchise are Mukesh and Nita Ambani, Anil Ambani, Anand Mahindra, Kumar Mangalam Birla, Ratan Tata, Deepak Parekh, Narayan Murthy, Sudha Murthy, and Gautam Adani
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