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US charges may renew questions on governance practices at Adani
Millennium Post Delhi
|November 23, 2024
NEW DELHI: The indictment of Adani Group's founder Gautam Adani by US prosecutors could renew questions over the ports-to-energy conglomerate's governance practices and damage its reputation, S&P Global Ratings said Friday.
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US prosecutors have charged Adani and seven others including his nephew Sagar, with agreeing to pay about $265 million in bribes to Indian government officials to obtain favorable terms for a solar power supply contract. Adani Group has denied all charges, calling them "baseless", and said it would seek "all possible legal recourse".
Cette histoire est tirée de l'édition November 23, 2024 de Millennium Post Delhi.
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