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Big Take

The $250 Million Bribery Charges Rocking the Adani Empire – and India

26 Nov 2024

Description

India’s Gautam Adani, one of the world’s richest men, was charged last week by US prosecutors over his alleged involvement in a $250 million bribery scheme. The indictment sent the stocks and bonds of Adani’s vast conglomerate tumbling and is the second governance crisis to hit the group in two years.  On today’s Big Take Asia Podcast, host K. Oanh Ha and Bloomberg’s Menaka Doshi discuss what the charges mean for Adani’s empire and corporate India, and the implications for US-India relations. Read more: Gautam Adani Bribery Charges Impact His Net Worth, Markets Beyond IndiaFurther listening: $200 Billion, Four Heirs And One Mighty EmpireSee omnystudio.com/listener for privacy information.

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