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AHMEDABAD: In one of India’s worst aviation disasters, an Air India Boeing 787-8 Dreamliner carrying 242 people crashed minutes after takeoff from Ahmedabad, killing everyone on board. The aircraft was en route to Gatwick Airport in London when it plunged into a residential area near the airport. Authorities confirmed that the plane crashed into the …
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India’s Adani Group has withdrawn its request for a $553 million loan from the United States International Development Finance Corporation (DFC). The loan was intended to finance the construction of a deep-sea port in Sri Lanka, located next to a Chinese-run facility. This move comes after a significant indictment in New York accused the conglomerate’s …
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The Adani Group, one of India’s largest conglomerates, faces a storm of controversy following bribery allegations. US authorities charged the group’s billionaire chairman, Gautam Adani, and seven others with paying $265 million in bribes to Indian officials. The charges, which include misleading public statements, cast a shadow over the group’s ambitious projects and global reputation. …
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