More than $250 Million in Bribes Promised to Indian Government Officials to Secure Solar Energy Contracts A five-count criminal indictment was unsealed today in federal court in Brooklyn charging Gautam S. Adani, Sagar R. Adani and Vneet S. Jaain, executives of an Indian renewable-energy company (the Indian Energy Company), with conspiracies to commit securities andContinue reading “Billionaire Chairman of Conglomerate and Seven Other Senior Business Executives Indicted in Connection With Scheme to Pay Hundreds of Millions of Dollars in Bribes and Conceal Bribery Scheme From U.S. Investors”
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Analysis of Current Maturities of Long Term Borrowings- Is it a debt trap?
After our recent post on Charges registered in Ministry of Companies Affairs and news of “ Adani Shelves $122 Million Bond sales” & “Adani Caling off FPO”, we further analysed why this FPO and Bond Sales are utmost necessary for the group and thereby we further analysed the Current Maturities of Long Term Borrowings ofContinue reading “Analysis of Current Maturities of Long Term Borrowings- Is it a debt trap?”