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India’s Andhra Pradesh state more likely to droop Adani energy deal  | Reuters News Agency

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Business & FinanceDeals

India’s Andhra Pradesh state is more likely to droop an influence buy deal linked to Adani Group because of the U.S. indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, Reuters exclusively revealed

Why it issues 

The suspension, more likely to be introduced quickly, could be the primary such motion by an Indian state authorities after U.S. prosecutors charged Gautam Adani and 7 others with agreeing to pay bribes of $265 million to unidentified Indian authorities officers to acquire photo voltaic power-supply contracts. 

Article Tags

Topics of Interest: Business & FinanceDeals

Type: Reuters Best

Sectors: Business & Finance

Regions: Asia

Countries: India

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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