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Adani Scrutiny

November 26, 2024
Business/Corruption/United States

DFC Responds to Our Report on Adani Port Project in Sri Lanka

The U.S. International Development Finance Corporation (DFC) has issued a statement addressing concerns raised in a report published yesterday by the Sri Lanka Guardian regarding the Colombo West International Terminal (CWIT) project.

India/World

Adani Scandal: Blow to India’s Investment Climate and Modi’s Cronyism

The stories of Gautham Adani and Narendra Modi’s nexus have been heard for a long time, and it was also revealed by the opposition leader Rahul Gandhi in a recent rally that both Modi and the Adani Group do not

December 1, 2024

Adani Group Denies Cancellation of Sri Lanka Power Deal Amid Allegations

Geopolitics/Sri Lanka

India’s Adani Group has firmly rejected reports suggesting the cancellation of its $440 million power purchase agreement with Sri Lanka. A spokesperson for the

Adani Stocks Surge After Withdrawal from Sri Lanka Wind Power Project

Business/Sri Lanka

Adani Green Energy Ltd.’s stock saw a 2% increase on Tuesday, rising above Rs 935 on the National Stock Exchange (NSE), following reports that

Adani Group Loses $12.5 Billion as U.S. Fraud Case Resurfaces and Shakes Markets

January 24, 2026
Business/Corruption

Shares of India’s Adani Group suffered a sharp sell-off on Friday, wiping out approximately $12.5 billion in market capitalization, after fresh developments in a U.S. fraud case rattled investor confidence. The decline

More

Sri Lanka Slaps Brake on Adani’s Mannar Wind Power Project

August 14, 2025
Corruption/Sri Lanka

by Our Correspondent in Colombo President Anura Kumara Dissanayake has ordered the temporary suspension of Adani Green Energy’s wind power projects in Mannar, citing environmental concerns, local grievances, and the need for

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Adani Stocks Surge After Withdrawal from Sri Lanka Wind Power Project

February 13, 2025
Business/Sri Lanka

Adani Green Energy Ltd.’s stock saw a 2% increase on Tuesday, rising above Rs 935 on the National Stock Exchange (NSE), following reports that the company will withdraw from its proposed wind

More

Adani Group Denies Cancellation of Sri Lanka Power Deal Amid Allegations

January 24, 2025
Geopolitics/Sri Lanka

India’s Adani Group has firmly rejected reports suggesting the cancellation of its $440 million power purchase agreement with Sri Lanka. A spokesperson for the conglomerate labeled the reports as “false and misleading,”

More

Adani Scandal: Blow to India’s Investment Climate and Modi’s Cronyism

December 1, 2024
India/World

The stories of Gautham Adani and Narendra Modi’s nexus have been heard for a long time, and it was also revealed by the opposition leader Rahul Gandhi in a recent rally that

More

Adani Under Siege as Group’s Asian Projects Face Intense Scrutiny

November 30, 2024
Corruption/Diplomacy

Adani Group’s extensive energy and infrastructure investments across Asia are now under intense scrutiny following the recent indictment of its billionaire founder, Gautam Adani, in a high-profile bribery and securities fraud case.

More

DFC Responds to Our Report on Adani Port Project in Sri Lanka

November 26, 2024
Business/Corruption/United States

The U.S. International Development Finance Corporation (DFC) has issued a statement addressing concerns raised in a report published yesterday by the Sri Lanka Guardian regarding the Colombo West International Terminal (CWIT) project.

More

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The Sri Lanka Guardian is an online newspaper founded in August 2007 by a group of concerned Sri Lankan citizens including journalists, activists, academics and retired civil servants. Sri Lanka Guardian has registered as an online newspaper in the Government of Sri Lanka. This portal is currently a platform for over seven hundred regular writers from around the world. We are an independent and nonprofit. Email : editor@slguardian.org
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