Adani Group's Debt And Fundraising Challenges Amidst Bribery Allegations | 5ive Live | India Today

The Adani Group's total debt stood at 2.4 lakh crore rupees as of March 2024, up from 2.23 lakh crore a year ago. The group faces fundraising challenges following bribery charges by the US Department of Justice, leading to the cancellation of a $600 million bond issue in the US and withdrawal from a 20,000 crore FPO. The charges have also led to the cancellation of contracts in Kenya and potential difficulties in other countries. The indictment against Gautam Adani and his associates alleges the use of secret nicknames to conceal dealings.
#adanigroup #debt #fundraising #itwebvideos #briberycharges #usdepartmentofjustice #gautamadani #vinitsjain #hindenburgreport
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