ReNew has lost over 30% of its market value in three years since US listing
Conglomerate pulls out of $500mn loan deal as it wrestles with bribery allegations
In this newsletter’s first edition, the CFA’s decline and advice from Uday Kotak
RBI holds rates and says economy has bottomed out
Charges against Indian tycoon follow a troubled government effort to boost renewable power
Company already has joint venture with China’s SAIC in world’s third-largest car market
First remarks by Indian billionaire after indictment by federal prosecutors
Industrialisation is within the country’s reach, but government has got to get out of the way first
Kenya’s reversal of support for airport project underlines global ramifications of US indictment
Nandan Nilekani says small language models trained on specific data are ‘quite effective’
New York-based bank was vocal champion of Indian group whose billionaire head is accused of bribery scheme
Indian conglomerate releases report on operations after US indictment of founder Gautam Adani for alleged bribery
Justice department’s prosecution of Indian billionaire has wide economic and diplomatic implications
Turbulence draws fresh attention to risks and pricey valuations of local stocks
Alleged $265mn bribery scheme raises questions about the probity of Indian authorities and business leaders
US bank conducting internal investigation into ‘front running’ of deals
US charges against Gautam Adani raise questions about Delhi’s safeguards
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Shares in group tumble after prosecutors accuse tycoon and others of lying to investors to land lucrative contracts
Plus, boutique bank PJT mints a new billionaire and Poonawalla family property purchase dispels non-dom fears
Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital
Supply problems and regulatory issues disrupt UK craft-beer maker’s aim to open 100 outlets in the country
Head of newly formed Jio Star says traditional linear format is still important in the country during streaming era
Narendra Modi’s GIFT City has already lured JPMorgan and HSBC but the social side has been slow to catch up
The push to remedy workplace inequalities does not extend to the country’s ancient system of hierarchy
