No evidence of bribery, case outside US jurisdiction: Top biz leaders back closure of Adani case #Adani #socialnewsxyz
Washington, May 22 (SocialNews.XYZ) Indian-American business leaders and policy voices on Friday welcomed the closure of the case against the Adani Group in the US, arguing that the matter was outside the jurisdiction of American... - Social News XYZ
US firm Capital Group invests heavily in Adani companies, cuts exposure to Reliance: Report #CapitalGroup #Adani #RelianceReport #socialnewsxyz
New Delhi, May 22 (SocialNews.XYZ) In a major shift among foreign investors regarding their investments in India's largest conglomerates, the prominent investment management firm Capital Group has increased its exposure to Adani Group companies while... - Social News XYZ
Times of India | Adani to acquire Jaypee fertiliser arm for Rs 1.5k cr
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Adani Ports and Special Economic Zone (APSEZ) announced it will acquire a 100 % stake in Jaypee Fertilisers & Industries Ltd (JFIL) from Jaiprakash Associates for ₹1,500 crore, under the NCLT‑approved resolution plan for Jaiprakash Associates Limited. The deal, which gives APSEZ control of JFIL—a holding company for Kanpur Fertilisers and Chemicals Ltd and its industrial land parcels—aims to strengthen the port operator’s inland logistics network in North India and supports its goal of expanding its multi‑modal logistics parks from 12 to 16 and quadrupling warehousing capacity by 2031. The acquisition is expected to be finalized by the “effective date” of the resolution plan, no later than 90 days after March 17 2026.
#Adani #APSEZ #JaypeeFertilisers #JaiprakashAssociates #NCLT
NEW DELHI: Adani Ports and Special Economic Zone (APSEZ), on Thursday said it will acquire a 100% stake in Jaypee Fertilisers & Industries (JFIL) from Jaiprakash Associates for Rs 1,500 crore, as part of the NCLT-approved resolution plan for JAL.
Adani case settlement clears path for nuclear push: US industry leader #Adani #socialnewsxyz
Washington, May 21 (SocialNews.XYZ) Industrial conglomerate Adani Group’s settlement of its legal issues in the United States could help accelerate India’s ambitions in the nuclear energy sector, industry veteran Dr Kris Singh has said, adding... - Social News XYZ
Adani case closure a booster for India-US economic ties: USISPF #Adani #IndiaUS #USISPF #socialnewsxyz
US Department of Justice drops all charges against Adani, court dismisses case #DepartmentofJustice #Adani #socialnewsxyz
New York, May 18 (SocialNews.XYZ) In yet another significant development, the US Department of Justice has permanently dropped all criminal charges against Gautam Adani and his nephew, Sagar Adani, in an alleged securities and wire... - Social News XYZ
The US Department of Justice is dropping fraud charges against Indian billionaire Gautam Adani after he hired Trump's personal lawyer and pledged a $10 billion US investment.
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