ANALYSIS
In the allegations made in the Federal Court of New York, it has been said that Asia's second largest group Adani Group has given bribes to get contracts in many states in India.
India has lost 2 lakh crore rupees, that too in one go. A decision has come from the Federal Court of New York, in which Adani Group Chairman Gautam Adani, his nephew Sagar Adani and some other people have been accused of giving bribes or planning to give bribes. Reports also suggest that the American court has also issued an arrest warrant against these people. Amid this, the stock market crashed in India. The common man lost Rs 2 lakh crore in one day.
In the allegations made in the Federal Court of New York, it has been said that Asia's second largest group Adani Group has given bribes to get contracts in many states in India. Rs 2 lakh crores were lost by those investors alone who had invested in Adani shares. SBI has given the highest loan to the Adani Group.
Today, the figure of loss is more than Rs 5 lakh crores. A total of 8 people including Adani Group Chairman Gautam Adani, Executive Director of Adani Green Energy Limited and Gautam Adani's nephew Sagar Adani have been accused in the hearing to be held on November 20.
According to the allegations made and the report that came out, Adani Group needed money to set up plants and provide electricity in Odisha, Jammu and Kashmir, Tamil Nadu, Chhattisgarh and Andhra Pradesh in India. The company raised money from American investors. Till here everything was fine, but when the investigation was done, it was found that Adani Group bribed government officials in India to get work in these states and you will be shocked if you hear the amount of bribe. In this case, there is an allegation of bribery of 250 million dollars i.e. about Rs 2000 crores from 2020 to 2024.
It is written in this report that "Gautam Adani himself admitted to bribing Indian officials during a meeting in Ahmedabad". The bribe amount was fixed based on megawatts. It is also being claimed that electronic evidence of all the allegations made against the Adani Group in the New York Federal Court is present. However, the Adani Group is calling every allegation false and has issued a press release stating that all the allegations made against the directors of Adani Green are false.
Nita Ambani radiates Indian heritage grace with modern charm in orange Bandhni saree at...
After Narayana Murthy's 70-hour work-week pitch, Infosys now wants employees to...
Shikhar Dhawan announces debut autobiography 'The One', shares emotional message, 'Not every win...'
Watch: Ranbir Kapoor gets emotional, gives touching speech as Ramayan part 1 wraps
Little Pepe Price Prediction: Will LILPEPE Become the Next $1 Billion Market Cap Crypto in 2025?
Retail Reinvented: How technology can reshape India’s kirana stores
edZeb helped non-commerce student crack ACCA exams and get hired in forensic accounting
Ahmedabad Rath Yatra: Elephants Panic Mid-Procession, Chaos Caught on Video
AI helps woman get pregnant with infertile husband after 20 years, know how this happened
SRH owner Kavya Maran issues FIRST statement on her viral IPL memes, says 'cameraman manages to...'
Preity Zinta's PBKS star player joins Shubman Gill-led Team India in England, he is...
PM Modi to visit country where Indians first arrived by sea 180 years ago, is significant due to...
Abhishek Bachchan says he was locked inside room with Kareena Kapoor: 'I got excited...'
Ram Kapoor breaks silence on 'not getting work' due to his weight: 'My name is not Khan...'
Delhi Metro: DMRC issues fresh advisory for passengers, warns against doing THIS in trains
Axiom-4 crew conducts advance research, global outreach in cancer, food sources...,will help in...
Scientists claim to find the oldest rocks on earth, discovered from...
Watch: Boeing plane hit by strong winds while landing, escapes crash
Delhi to enforce fuel ban on these vehicles from July 1; check details
Losing hair in your 20s? These 5 mistakes might be the reason
Who is T Raja Singh? Controversial Telangana BJP MLA quits party amid state leadership tussle
Canada announces new PR route, immigration norms: Here's how it will affect Indians
Indian Railways notifies fare hike: Ticket prices for AC, non-AC raised by...; check details
Delhi government launches Internship Programme for youth, know ALL about it
Neeraj Chopra wants to learn bowling skills from THIS Indian cricketer, his name is...
BIG move by Anil Ambani as Reliance Infra inks Rs 20000 crore pact with...; to explore...
BIG move by MS Dhoni as he files for trademark of nickname 'Captain Cool'
Kolkata student rape case: South Calcutta Law College suspends all classes; PIL seeks...
Did Shefali Jariwala die because of anti-aging drugs? What are these medicines and how do they work?
Good news for Gautam Adani as this company becomes first Indian firm to cross...
Viral video: Woman faints after winning Princess Diana’s iconic ‘Caring Dress’ at auction, WATCH
New UPI Rules: limits on balance check..., GPay, PhonePe, Paytm users to see major changes from...
Meet Royal princess who flew economy, went viral after video of her…, is not from India but…
'You will eat more when...': Indian mom feeds American vlogger with love, heartfelt video goes viral
Muharram 2025 Holiday in India: Will schools, banks, and markets be closed on July 7? Know here
NIOS Class 10th Result 2025 DECLARED at nios.ac.in: Check steps to download, direct link here
Anil Ambani plans BIG move as Reliance firm participates in global bids for...; plans to set up...
Good news for Lalit Modi as Supreme Court allows him to seek remedy in connection with IPL 2009 case