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Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
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Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the bribes.
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Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
New Post has been published on Douxle News
Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say
Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the bribes.
... read more !
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गौतम अडानी को अमेरिका में किया जा सकता है गिरफ्तार, जानें कितनी हो सकती है सजा
Gautam Adani: अडानी समूह के अध्यक्ष गौतम अडानी पर अमेरिका में भारतीय अधिकारियों को 250 मिलियन डॉलर यानी कि करीब 1750 करोड़ रुपये का भारी भरकम रिश्वत देने का आरोप लगा है। आरोप हैं कि उन्होंने भारत के सबसे बड़े सौर ऊर्जा परियोजना के लिए ठेके हासिल करने के लिए ये रिश्वत दिए हैं। इस आरोप के बाद भारत की राजनीति में तूफान मच गया है। विपक्षी कांग्रेस पार्टी हमलावर है। संसद सत्र में इस मुद्दे पर बवाल…
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Astrological Perspective on Adani Share Loss: Planetary Factors Behind the Plunge
The Adani Group's incredible market capitalization condensation of roughly Rs 2.60 lakh crore worth of shares has caused much loss and dramatically affected the economy. The share depreciation can be attributed mainly to the legal troubles that afflict the firm, advertisement interference, and bribery charges that have been labelled against Gautam Adani and a few other executives. Still, one can also view the effects of these events from an astrological perspective and try to point out the planets, if any, that have to do with such financial happenings. This begs the query: Was the ongoing slump of Adani Group shares in 2024 one of the adverse consequences that astrological transits, in some way, brought about?
How Astrological Transits Affected Adani Shares
Adani Group's share price backlash can partly be attributed to several astrological transits of several planets, which have had an impact on a global scale and currencies, thus various countries and their economies. When transiting with certain signs or positions in the sky, several planets tend to influence the actions that occur here on Earth, including the movement of money. Concerning the recent fall of shares for Adani Group, several planetary transits could have lent credence to the fall of the shares. In share market astrology, all twelve houses participate and contribute to this remarkable growth, and here are just a few of them.
Saturn's Transit: Everyone knows Saturn is associated with delays, obstacles, tough lessons, and karma. The planet has an aggressive quality and forces one to always face the battle.the worst days come during a Saturn transit, which gives Sadesati and Dhaiya. Adani Group's acquisition of assets, legal troubles around a $250 million bribery scheme, and, more recently, Gautam Adani's indictment can all be viewed as a period aligned under a certain energy force. The trends powered by many Jupiterian energies come alright with a huge amount of capital returned. Certainly, for a country able and willing to capitalize on Saturn while having a corporation conglomerate like Adani that could not quite fit within Saturn transit, the timelines brought about by the transits were not in favourable positions over their most recent expansion.
Martian energy is another significant player in periods of sharper market movements. Mars is the planet that is most aligned with aggression, war, and anything over-action-related. Such market aggression seen lately, such as the recent huge selloff round, must have a Mars touch. Another possibility that worsened the volatility in the Adani Group stocks was the energies around Mars, which psychologically affected investors in space. Mars brings rapid market movements, and when it was in a stronger position when the news was released, its energies may have assisted with the market freefall. As panic set in, marketers were already looking at unloading their positions, pushing the stock depreciations more.
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Mercury Retrograde
Mercury retrograde is a known time when negotiations, agreements and court practices are prone to hitches. Most of the time, deal-making when Mercury is retrograde tends to be characterized by distortion, sluggishness, or ambiguity, especially in contracts or other legal entities. The period surrounding the legal imbroglio surrounding the Adani Group and the fact that Mercury was in retrograde motion may have added to some level of chaos and uncertainty, particularly with the presence of US prosecutors. The market misread or reacted in a knee-jerk manner to some of the interpretations, and as a result, adverse consequences on the stocks were witnessed. Besides, there always seem to be hitches in business transactions during this time, such as a moratorium or withdrawal of announcements like bond premium offering, for instance, in the case of Adani Group, in which a 600 million dollar bond was called off.
Read Also - Mercury Retrograde November 2024-25
Rahu and Ketu
The two shadow planets are constantly accountable for sudden and drastic changes. In particular, Rahu is the planet of controversies, unmasking destructed words of concealed reasons. The bribery scandals of Adani executives who kept some US investors in the dark could generally be a case of Rahu's direction. This cosmic force tends to surprise in the form of shocks and even chaos, which may suffice for a short-term change in the investment mood or valuation of stocks. In this case, Adani's international publicity of litigations may have been caused by Rahu's influence in all astrology houses, changing fortunes and prices of stocks sharply in the downward direction.
Astrological Reasons for the Unraveling of Adani Shares in 2024
Several astrological factors have contributed to the downfall of Adani Group stocks in 2024. The lawsuits that acted as the immediate trigger to the stock drop could also have been created by the astrological situation back then. The following factors likely contributed to the downfall
The Restrictive Power Of Saturn: Saturn's aspect may have revealed problems and impediments that strained the Adani Group, experiencing a phase of endurance, including legal issues. Leos are often made to carry the burdens of the past, and Saturn's interference may be due to Sankara's maleficent influence on an organization. This makes the images in particular. Regarding astrological science, this may be why Saturn, in relation to the charts of the Adani Group, was in this situation of petty financial losses and struggle.
The Communication Crisis Affecting During Mercury Retrograde
Certain legal, bribery or bond dealings might have been lost or misconstrued within the Mercury retrograde. However, these periods are notorious rifts within business dealings, and the market reacts so chaotically due to communication barriers typical concerning this period phase. The interruption of the bond offering considered 600 million, and its potential destruction of investors' confidence might have had to do with mercury retrograding.
Rahu's Influence on Issues Within a Blackout
The schemed bribery charges, the bribery allegation, and the loss of esteem in the firm from both shareholders and regulators can be put in the context of Rahu. Financial and economic destruction, adding to earlier losses, must also result in enhancement in quick and fickle markets, like when Adani Group lost its voice in the market.
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Adani Bribery Case: Adani Group's Shares Fell Sharply On November 21
Adani Bribery Case: Morning And Evening Shares Prices Adani Bribery Case: Adani Group’s shares fell sharply on November 21, 2024. Reason is that US federal prosecutors have accused Gautam Adani of being involved in a Rs 2,100 crore ($250 million) bribery scam. The charge-sheet filed in Brooklyn, New York claims that Gautam Adani, Sagar R. Adani and Vineet S. Jain hatched a complex conspiracy to…
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Billionaire Gautam Adani of India's Adani Group Charged in US with Bribery, Fraud.
Billionaire Gautam Adani, the chair of India's Adani Group, has been indicted in the U.S. on charges of bribery and fraud.
Billionaire Gautam Adani of India’s Adani Group was charged in the US with bribery and fraud. NEW YORK, NY – Billionaire Gautam Adani, the chair of India’s Adani Group, has been indicted in the U.S. on charges of bribery and fraud. The U.S. Department of Justice alleges that Adani and other executives paid over $250 million in bribes to Indian government officials to secure lucrative solar…
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𝐆𝐚𝐮𝐭𝐚𝐦 𝐀𝐝𝐚𝐧𝐢 𝐢𝐧𝐝𝐢𝐜𝐭𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒! 🌟 Breaking News: A Multi-Billion Dollar Fraud Shocker! 😱
Adani Group Chairman Gautam Adani finds himself in hot water as the U.S. Securities and Exchange Commission (SEC) files serious charges against the billionaire. Allegations include defrauding American investors and bribing officials—sending shockwaves across the global financial world! 🌍💼
According to reports, Gautam Adani, his nephew Sagar Adani, some executives from Adani Green Energy Ltd., and Cyril Cabanes (an executive of Azure Power Global Ltd.) set up a scheme to pay $250+ million in bribes to Indian govt. officials to obtain solar energy supply contracts that would give them $2 billion in profits over 20 years! During the scheme, Adani Green raised $175 million from US investors by misleading them about corruption and bribery. The SEC has unsealed criminal charges against the individuals for violating the FCPA, bribing officials, misleading investors, and obstructing justice by destroying evidence and issued arrest warrants! All Adani group stocks tanked with the flagship Adani Enterprises stock tumbling well over 20% today!! ❓𝑾𝒂𝒔 𝑯𝒊𝒏𝒅𝒆𝒏𝒃𝒖𝒓𝒈 𝒔𝒑𝒆𝒂𝒌𝒊𝒏𝒈 𝒕𝒉𝒆 𝒕𝒓𝒖𝒕𝒉 𝒂𝒃𝒐𝒖𝒕 𝒕𝒉𝒆 𝑨𝒅𝒂𝒏𝒊 𝑮𝒓𝒐𝒖𝒑 𝒂𝒍𝒍 𝒂𝒍𝒐𝒏𝒈? Follow Jobaaj Stories (the media arm of Jobaaj.com Group for more)
For more updates, sharp insights, and stories that matter, stay tuned to Jobaaj Stories—your trusted source for the stories shaping our world.
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Gautam Adani Charged in $250m US Bribery Scheme
Indian billionaire Gautam Adani has been charged with orchestrating a $250 million bribery scheme to secure lucrative renewable energy contracts, as alleged by US prosecutors in a New York indictment. The charges claim Adani and senior executives bribed Indian officials to win contracts projected to generate over $2 billion in profits across 20 years, while misleading investors about the…
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Indian Billionaire Gautam Adani Charged in $250 Million Bribery Scheme
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Adani Stocks Crash 20% Following Allegations of US Solar Contract Bribes
With US authorities accusing founder Gautam Adani of taking part in a $250 million(~Rs 2,100 crore) bribery plan to obtainsolarenergy contracts in India, the AdaniGroup is under increased scrutiny. Adani, Sagar R. Adani, and Vneet S. Jaain are charged in the Brooklyn, New York, indictment with masterminding a complex operation that involved breaking federal law and making false statements toUSinvestors.
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[ad_1] GG News Bureau New Delhi, 21st Nov. The Congress party on Thursday called for a Joint Parliamentary Committee (JPC) investigation into the alleged “Adani Mega Scam,” following charges against billionaire Gautam Adani by US prosecutors. The charges include bribery and fraud, where Adani is accused of orchestrating a scheme to bribe Indian government officials for favorable terms in solar power contracts. US authorities allege that between 2020 and 2024, Adani, his nephew Sagar, and others in the Adani Group paid over USD 250 million in bribes to secure contracts projected to generate over USD 2 billion in profits. The Securities and Exchange Commission (SEC) has filed a five-count indictment, including securities fraud and wire fraud conspiracies, accusing the Adanis of criminal activities carried out with the protection of the Indian government. Congress General Secretary Jairam Ramesh said the charges further vindicated the party’s demand for a JPC probe into the Adani Group’s activities. “The SEC’s actions highlight the failure of SEBI (Securities and Exchange Board of India) in investigating Adani Group’s violations, including the source of its investments and shell companies,” Ramesh stated in a post on X. Ramesh also emphasized that the Congress had previously raised concerns about the close ties between Prime Minister Narendra Modi and the Adani Group, alleging that the Prime Minister’s protection allowed the conglomerate to act with impunity. He reiterated that a credible investigation into the case was necessary, calling for the appointment of a new SEBI head to complete the securities law investigations and the formation of a JPC to probe the full extent of the scandal. The charges against Adani come as a blow to the conglomerate’s reputation, with US prosecutors accusing him and his associates of corrupt dealings in securing lucrative government contracts. The Adani Group has not yet responded to the allegations. The Congress also pointed out that the US authorities’ action against the Adani Group highlights the failure of Indian institutions, which they claim have been captured by the ruling Bharatiya Janata Party (BJP). The US case is seen as part of efforts to address foreign corruption involving companies with ties to US investors or markets. The Adani Group is a multinational conglomerate involved in various sectors, including ports, energy, and renewable energy. The post Congress Demands JPC Probe into Adani’s Alleged Bribery and Fraud Charges in US appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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[ad_1] GG News Bureau New Delhi, 21st Nov. The Congress party on Thursday called for a Joint Parliamentary Committee (JPC) investigation into the alleged “Adani Mega Scam,” following charges against billionaire Gautam Adani by US prosecutors. The charges include bribery and fraud, where Adani is accused of orchestrating a scheme to bribe Indian government officials for favorable terms in solar power contracts. US authorities allege that between 2020 and 2024, Adani, his nephew Sagar, and others in the Adani Group paid over USD 250 million in bribes to secure contracts projected to generate over USD 2 billion in profits. The Securities and Exchange Commission (SEC) has filed a five-count indictment, including securities fraud and wire fraud conspiracies, accusing the Adanis of criminal activities carried out with the protection of the Indian government. Congress General Secretary Jairam Ramesh said the charges further vindicated the party’s demand for a JPC probe into the Adani Group’s activities. “The SEC’s actions highlight the failure of SEBI (Securities and Exchange Board of India) in investigating Adani Group’s violations, including the source of its investments and shell companies,” Ramesh stated in a post on X. Ramesh also emphasized that the Congress had previously raised concerns about the close ties between Prime Minister Narendra Modi and the Adani Group, alleging that the Prime Minister’s protection allowed the conglomerate to act with impunity. He reiterated that a credible investigation into the case was necessary, calling for the appointment of a new SEBI head to complete the securities law investigations and the formation of a JPC to probe the full extent of the scandal. The charges against Adani come as a blow to the conglomerate’s reputation, with US prosecutors accusing him and his associates of corrupt dealings in securing lucrative government contracts. The Adani Group has not yet responded to the allegations. The Congress also pointed out that the US authorities’ action against the Adani Group highlights the failure of Indian institutions, which they claim have been captured by the ruling Bharatiya Janata Party (BJP). The US case is seen as part of efforts to address foreign corruption involving companies with ties to US investors or markets. The Adani Group is a multinational conglomerate involved in various sectors, including ports, energy, and renewable energy. The post Congress Demands JPC Probe into Adani’s Alleged Bribery and Fraud Charges in US appeared first on Global Governance News- Asia's First Bilingual News portal for Global News and Updates. [ad_2] Source link
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Adani US Bribery Charges Credit Negative For Group Companies, Says Moodys
New Delhi: International rating agency Moody’s has said that US prosecutors’ indictment of Gautam Adani, his nephew Sagar and other defendants for paying over USD 250 million in bribes between 2020 and 2024 to Indian government officials to win solar energy contracts can be Credit Negative for the group companies. “The indictment of Adani Group’s chairman and other senior officials on bribery…
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