The US indictment alleging bribery for solar contracts by the company’s promoters and management has activated many potential issues in loan agreements signed by the renewables major.
Abir DasguptaSubscribe to read this story
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Kumar Mangalam Birla-owned Hindalco faces its most serious challenge yet from Gautam Adani’s Kutch Copper. Neither side is willing to cede ground in a battle royal seen as a plus for copper-starved India.
The state-run broker for green power finds itself mired in the US indictment of Gautam Adani and other executives. Now, the industry's trust in the country's biggest issuer of renewable energy contracts is inevitably shaken.
The city gas distribution company’s stock is already the Adani group’s worst performer. The announcement by key stakeholder TotalEnergies of a halt to any further investment imperils its big LNG push and may put paid to hopes of a recovery.