Gautam Adani

Gautam Adani Opts for Self-Funding: Strategic Shift in Colombo Port Project

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Gautam Adani Opts for Self-Funding: Strategic Shift in Colombo Port Project

Gautam Adani, the billionaire industrialist leading the Adani Group, has made a pivotal decision to self-finance the Colombo West International Terminal (CWIT) project in Sri Lanka. Adani Ports and Special Economic Zone (APSEZ), a subsidiary of the Adani Group, announced the withdrawal of its $553 million loan request from the US International Development Finance Corporation … Read more

Adani Group Faces U.S. Bribery Allegations: What It Means for Investors

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Adani Group Faces U.S. Bribery Allegations

The Adani Group, one of India’s largest conglomerates, is currently facing significant challenges due to allegations of bribery raised by U.S. authorities. These charges have not only put the company’s reputation at stake but are also causing ripple effects across financial markets and government decisions in India. Here’s a detailed breakdown of the situation, its … Read more