Adani is facing bribery charges by US authorities
Business, India

Gautam Adani, Sagar Adani clear of bribery charges as per DoJ Indictment, claims AGEL

In its filing, AGEL has cited the news reporting by various media houses on the bribery and corruption charges against Adani Officials as ‘Incorrect’. “Media articles which state that certain of our directors namely Mr. Gautam Adani, Mr. Sagar Adani and Mr. Vneet Jaain have been charged with violation(s) of the US Foreign Corrupt Practices Act (FCPA) in the indictment.

Adani is facing bribery charges by US authorities
Business

Moody’s cut rating outlook on seven Adani companies

Moody’s affirmed the ratings on all seven entities — Adani Ports and Special Economic Zone Ltd, two limited restricted groups of Adani Green Energy Ltd, Adani Transmission Step-One Ltd, Adani Transportation Restricted group 1 (AESL RG1), Adani Electricity Mumbai Ltd and Adani International Container Terminal Pvt Ltd.

Baskets potatoes, beans, and tomatoes
Banking, Economy

CPI inflation bounce back to 6.2 % in October

Subdued global commodity prices amid concerns over global demand should further aid in moderation of the headline inflation going ahead. In October, global commodity price index declined by 4.3% YoY, while Brent crude prices fell by 15% YoY. However, it is crucial to monitor geopolitical developments closely, as these could significantly influence global commodity markets and supply chains.

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