Gautam Adani is promise and peril of Indian growth

Viewsroom

Reuters

News

4.4 • 58 Ratings

🗓️ 28 November 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

With $31 bln of debt, deep links to the banking system and a star role in India’s energy transition, the tycoon’s empire is a crucial part of the fifth-largest economy. In this week’s Viewsroom, Breakingviews columnists discuss how US bribery charges will test those dependencies. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:29.5	The views expressed on this podcast
0:32.0	are those of the participants,
0:34.3	not of Rojers News.
0:39.8	Prosecutors accused the Indian billionaire and other senior executives of paying officials
0:44.5	to secure solar farms' contracts in India.
0:48.5	The firm called the allegation spaceless and vowed to find back.
0:57.0	Gothamodani is one of India's biggest tycoons,
1:00.0	with interest in ports, telecoms and renewable energy.
1:04.0	He is perceived to be close to Indian Prime Minister Narendra Modi
1:07.0	and was the target of a short-seller.
1:10.0	Now, in another twist, he is facing US bribery charges.
1:14.6	To be clear, Adani says the accusations are baseless and denies them.
	...

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