‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe
Trending News
20 hours, 44 minutes ago

‘What will US do if India refuses…’: Congressman warns Joe Biden over Gautam Adani bribery probe

Live Mint  

A United States Congressman has warned the ongoing Joe Biden administration of risking America's critical alliance with India over its decision to investigate the activities of Indian billionaire Gautam Adani. Terming it “selective”, the US lawmaker said such actions could risk damaging critical alliances with key partners such as India. In a letter to US Attorney General Merrick B Garland, Congressman Lance Gooden asked: “What will the US do if India refuses to comply with an extradition request.” Lance Gooden also raised the “selective prosecution of foreign entities” by the US Justice Department and how it could harm the alliances of the country. “The Department of Justice’s selective actions risk damaging critical alliances with key partners like India, one of America’s strongest allies in the Asia-Pacific region,” Gooden said in his letter dated January 7.

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History of this topic

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani
1 day, 1 hour ago

U.S. Congressman challenges Biden administration’s decision to investigate Gautam Adani

The Hindu  

Challenging the decision of the Biden administration to investigate the activities of billionaire Gautam Adani, an influential Republican lawmaker in the U.S. has said such selective actions risk damaging critical alliances with key partners. “The Department of Justice’s selective actions risk damaging critical alliances with key partners like India, one of America’s strongest allies in the Asia-Pacific region,” Mr. Gooden …

US Congressman challenges Biden administration's decision to investigate Adani
1 day, 7 hours ago

US Congressman challenges Biden administration's decision to investigate Adani

New Indian Express  

WASHINGTON: Challenging the Biden administration's decision to investigate the activities of Indian billionaire Gautam Adani, an influential Republican lawmaker has said that such selective actions risk damaging critical alliances with key partners. In a strongly worded letter to US Attorney General Merrick B. Garland, Congressman Lance Gooden, a member of the House Judiciary Committee, also asked, "What will the US …

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order
4 days, 21 hours ago

Civil, criminal cases against Gautam Adani, others related, assigned to one judge: Court order

Deccan Chronicle  

New York: A New York court has ordered that the criminal and civil cases filed against Indian billionaire Gautam Adani and others in a bribery scheme are related and will be assigned to the judge overseeing the criminal case.The order available on the court website of the US District Court Eastern District of New York says that in consultation with …

Adani deal under bribery scrutiny was approved against officials’ advice
3 weeks, 1 day ago

Adani deal under bribery scrutiny was approved against officials’ advice

The Hindu  

The approach from the Solar Energy Corporation of India on September 15, 2021 came out of the blue. Two years earlier, Andhra Pradesh's energy regulator had said in a 10-year forecast the State had no short-term need for solar power, and should focus on other renewables that could provide 24-hour energy. The news agency spoke to a former State power …

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director
1 month ago

US market regulator seeks joint hearing of cases against Adani, ex-Azure Director

India Today  

The United States Securities and Exchange Commission has approached a New York court with a formal request to consolidate the civil cases against Indian industrialist Gautam Adani and Azure Power's Cyril Cabanes. While Gautam Adani and his nephew Sagar Adani have not been directly charged with FCPA violations - a fact repeatedly emphasised by their legal counsel, including prominent lawyers …

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?
1 month ago

Can Indian billionaire Gautam Adani be tried in the US for India ‘crimes’?

Al Jazeera  

The recent allegations by US prosecutors highlight jurisdictional complexities of charging a person living in another country with an alleged crime committed there. The United States Securities and Exchange Commission has accused Adani and others of conspiring to pay about $265m in bribes to Indian government officials to obtain contracts and develop India’s largest solar power plant project. “This is …

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises
Trending News
1 month ago

INDIA bloc MPs hold protest over Adani bribery row on Parliament premises

New Indian Express  

NEW DELHI: MPs of several INDIA bloc parties protested on the Parliament premises on Tuesday over the Adani issue and reiterated their demand for a joint parliamentary probe into the matter. The Congress and some other opposition have been demanding a joint parliamentary committee probe following the indictment by US prosecutors of Adani Group chairperson Gautam Adani and other company …

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani
1 month, 1 week ago

U.S. indictment: Committed to ‘world-class’ compliance, says Gautam Adani

The Hindu  

Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance. Gautam Adani indictment: In-depth coverage “Less than two weeks back, we faced a set of allegations from the U.S. about compliance …

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’
Trending News
1 month, 1 week ago

Gautam Adani breaks silence on bribery charges in US: ‘Every attack makes us stronger and…’

Live Mint  

Adani Group Chairman Gautam Adani on Saturday, November 30, responded to the alleged bribery and fraud allegations against the conglomerate, saying that the legal matter involving the US Department of Justice is a challenge which the Group has faced "not for the first time". What I can tell you is that every attack makes us stronger and every obstacle becomes …

Gautam Adani on US indictment: ‘Every attack makes us stronger’
1 month, 1 week ago

Gautam Adani on US indictment: ‘Every attack makes us stronger’

Hindustan Times  

Billionaire industrialist Gautam Adani on Saturday responded to allegations against him by the United States prosecutors, saying “every attack makes him stronger”. Addressing the 51st Gem and Jewellery Awards in Jaipur, the Adani Group chairperson said,"As most of you would have read less than 2 weeks back, we faced a set of allegations from the US about compliance practises at …

The Adani-Modi Nexus Faces Its Greatest Test
1 month, 1 week ago

The Adani-Modi Nexus Faces Its Greatest Test

The Hindu  

Published : Nov 30, 2024 18:52 IST - 15 MINS READ To contend that the indictment of Gautam Adani, his nephew, and their associates, in the United States has dealt a blow to the ambitions of one of India’s, and the world’s, richest men, would be an understatement. The 30,000-word report of the New York-based short-selling firm Hindenburg Research published …

‘Legal matter between private firms and US Department of Justice’: India on Adani indictment row
1 month, 1 week ago

‘Legal matter between private firms and US Department of Justice’: India on Adani indictment row

Hindustan Times  

India on Friday said the Narendra Modi government was not informed by the United States in advance ahead of its order indicting industrialist Gautam Adani in an alleged bribery case. US authorities indict Gautam Adani The US prosecutors on November 21 charged Gautam Adani with involvement in a plan to allegedly pay more than $250 million in bribes to government …

Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained
1 month, 1 week ago

Adani ‘bribery’ case: Can Adani be arrested from India? Allegations, charges and possible penalties explained

Live Mint  

Gautam Adani, the billionaire Chairperson of Adani Group, is likely to face a long road to trial in the United States over criminal charges related to his alleged multi-billion-dollar fraud and bribery scheme, news agency Reuters reported on Wednesday, November 27. Adani is also accused of conspiring to pay about $265 million in bribes to Indian government officials to obtain …

Onus is on ED, CBI, SEBI to probe US charges on Gautam Adani: Jairam Ramesh
1 month, 1 week ago

Onus is on ED, CBI, SEBI to probe US charges on Gautam Adani: Jairam Ramesh

Hindustan Times  

The Congress on Wednesday reiterated its demand for a probe into the alleged irregularities by industrialist Gautam Adani and his nephew Sagar following a criminal indictment and civil complaint by US prosecutors and regulators. Calling the clarification by Adani Green Energy, a subsidiary of the Adani Group, as nothing but “damage control through denial”, Congress general secretary Jairam Ramesh said …

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition
Top News
1 month, 1 week ago

Mukul Rohatgi, Mahesh Jethmalani defend Gautam Adani, Sagar Adani over US bribery charges, slam Opposition

Hindustan Times  

The Adani Group on Wednesday strongly denied allegations of bribery and violations of the US Foreign Corrupt Practices Act against its chairman Gautam Adani, his nephew Sagar Adani, and key executive Vneet Jaain in a case filed by the US Department of Justice. The company clarified that its chairman Gautam Adani, Sagar Adani, and Vneet Jaain have not been charged …

No bribery charges against Gautam Adani, Sagar: Adani Group
1 month, 1 week ago

No bribery charges against Gautam Adani, Sagar: Adani Group

Deccan Chronicle  

Billionaire Gautam Adani and his nephew Sagar Adani have not been charged with any violations of the US Foreign Corrupt Practices Act in the indictment filed by US authorities in a court in a bribery case, the Adani Group said on Wednesday.Gautam Adani, founder chairman of the ports-to-energy conglomerate, Sagar Adani and another key executive, Vneet Jaain, have been charged …

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges
1 month, 1 week ago

Adani case: Lawyer Mukul Rohatgi picks holes in US bribery charges

India Today  

Picking holes in the US charges against the Adani Group, senior lawyer Mukul Rohatgi on Wednesday said Gautam Adani and his nephew have not been charged with violation of the US Foreign Corrupt Practices Act while another advocate, Mahesh Jethmalani, asserted that the indictment only mentioned a "conspiracy to bribe". Briefing the media, Rohatgi said while the charges mention that …

No bribery charges against Gautam Adani, nephew in US indictment: Adani Green
1 month, 1 week ago

No bribery charges against Gautam Adani, nephew in US indictment: Adani Green

India Today  

Adani Green Energy Ltd has issued a statement clarifying that Gautam Adani, Sagar Adani, and senior executive Vneet Jaain have not been charged with violations of the US Foreign Corrupt Practices Act. These directors have been charged on three counts in the criminal indictment namely alleged securities fraud conspiracy, alleged wire fraud conspiracy, and alleged securities fraud," said the statement …

‘Adani power deal under scrutiny’: Andhra official
1 month, 1 week ago

‘Adani power deal under scrutiny’: Andhra official

Hindustan Times  

The Andhra Pradesh government is examining whether the state can cancel a contract with the Solar Energy Corp of India following allegations by prosecutors in New York that the Adani Group paid around $265 million in bribes to officials in several Indian states to secure renewable energy contracts. The allegation is that SECI entered into an agreement with the Adani …

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?
Top News
1 month, 1 week ago

Adani ‘bribery’ case: Is Andhra Pradesh planning to cancel power deal with Adani Group?

Live Mint  

The Andhra Pradesh state government is reviewing official files and will explore if there is a possibility of cancelling a power supply contract linked to the Adani Group, reported the news agency Reuters, quoting Finance Minister of the State, Payyavula Keshav, on November 26. The indictment release from the US authorities also said that after payment of the alleged bribes …

'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'
1 month, 1 week ago

'Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President'

Deccan Chronicle  

New York: There remains a possibility that the USD 265 million bribery case against Indian billionaire Gautam Adani can be withdrawn if the charges against him are deemed unworthy or defective after Donald Trump takes over as the US President, a prominent Indian-American attorney has said. “If the criminal or civil charges are deemed unworthy or defective, President Trump's new …

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges
1 month, 2 weeks ago

Plea In Madras High Court Seeks SIT/ED/CBI Probe Into Indictment Of Gautam Adani In US On Bribery Charges

Live Law  

A plea has been filed in the Madras High Court seeking directions to the Home Ministry to either set up a Special Investigation Team or to direct the Enforcement Directorate or Central Bureau of Investigation or any other appropriate investigation agency to investigate into the corruption charges levelled against Indian businessman Gautam Adani and his indictment by United States Department …

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament

The Hindu  

The U.S. State Department refused to comment on the disruptions in the Indian Parliament over the indictment of billionaire Gautam Adani in a U.S. court on charges of bribery. The U.S. authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged $265 million bribery scheme. Last week, a five-count criminal indictment …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

ABP News  

Washington, Nov 26 : The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, …

Adani indictment: US State Department declines comment on disruptions in Indian Parliament
1 month, 2 weeks ago

Adani indictment: US State Department declines comment on disruptions in Indian Parliament

New Indian Express  

WASHINGTON: The US State Department refused to comment on the disruptions in Indian Parliament over the indictment of billionaire Gautam Adani in a US court on charges of bribery. The US authorities have indicted Gautam Adani and seven others including his nephew Sagar Adani, for being part of an alleged USD 265 million bribery scheme. Last week, a five-count criminal …

Adani Group deals at risk: How countries have reacted after bribery charges
1 month, 2 weeks ago

Adani Group deals at risk: How countries have reacted after bribery charges

India Today  

The Adani Group is under scrutiny after US authorities accused Gautam Adani and seven associates of paying $265 million in bribes to Indian government officials. President William Ruto said on Thursday that a procurement process that would have handed control of the country's main airport to the Adani Group was terminated, reported news agency Reuters. Adani Green Energy Limited, however, …

Will bribery allegations against Adani intensify FPI selling spree in Indian markets?
Trending News
1 month, 2 weeks ago

Will bribery allegations against Adani intensify FPI selling spree in Indian markets?

Live Mint  

Foreign portfolio investors have been on a selling spree over the last one and a half months, withdrawing funds from Indian equities at an unprecedented pace and reversing their earlier purchasing streak. Although the Adani Group’s direct impact on India’s $4.4 trillion stock market is limited due to its relatively low weighting in benchmark indices, the indictment highlights broader issues …

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges
1 month, 2 weeks ago

India’s opposition protests against Gautam Adani as billionaire faces US bribery and fraud charges

Associated Press  

NEW DELHI — Hundreds of supporters of India’s main opposition party protested on Monday against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and bribery, and accused the government of protecting the Indian coal magnate whose companies’ shares have plunged since the charges last week. Adani, 62, one of Asia’s richest men, was thrust into …

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani
1 month, 2 weeks ago

Fresh plea in Supreme Court seeks probe into U.S. indictment of Gautam Adani

The Hindu  

A fresh plea has been filed in the Supreme Court seeking a probe into the indictment of billionaire industrialist Gautam Adani who has been indicted in the U.S. for alleged bribery and fraud, saying the move "unveiled malpractices carried out by the conglomerate". The U.S. Department of Justice has accused Mr. Adani of being part of an elaborate scheme to …

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani
Trending News
1 month, 2 weeks ago

Bribery case: Fresh plea in Supreme Court seeks inquiry into US indictment of Gautam Adani

Live Mint  

A fresh plea has been filed in the Supreme Court seeking an inquiry into the indictment of Adani group founder and chairman Gautam Adani, who has been charged in the US for alleged bribery and fraud. The US Department of Justice has accused Gautam Adani of being part of an elaborate scheme to pay $265 million bribe to Indian officials …

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’
1 month, 2 weeks ago

Gautam Adani, nephew Sagar Adani summoned by US SEC in bribery case: ‘If you fail to respond…’

Hindustan Times  

Gautam Adani indicted: Gautam Adani of the Adani group and his nephew Sagar Adani have been summoned to explain their stand on the US Securities and Exchange Commission allegation of paying USD 265 million in bribes to secure lucrative solar power contracts, news agency PTI reported. Adani group faces bribery allegations, denies charges Gautam Adani, 62, and seven others, including …

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case
1 month, 2 weeks ago

U.S. SEC summons Gautam Adani, nephew Sagar in bribery case

The Hindu  

Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the U.S. Securities and Exchange Commission allegation of paying $265 million in bribes to secure lucrative solar power contracts. Summons have been sent to Adani’s Shantivan Farm residence in Ahmedabad and his nephew Sagar’s Bodakdev residence in the same city for …

Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract
1 month, 2 weeks ago

Adani Green Energy’s CFO defends against U.S. charges, says linked to one business contract

The Hindu  

A U.S. bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy comprising some 10% of its business, and none of the conglomerate's other companies are accused of wrongdoing, the group's CFO said on Saturday. On Wednesday, Gautam Adani, one of the world's richest men, and seven others were indicted for fraud by U.S. …

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power
1 month, 2 weeks ago

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power

NPR  

Indian billionaire Gautam Adani indicted in bribery scheme involving solar power We look at the case against multi-millionaire Gautam Adani who along with several other executives, faces allegations that he attempted to bribe Indian officials to secure solar power contracts. SCOTT SIMON, HOST: U.S. prosecutors have indicted one of India's richest men in a multimillion-dollar bribery scheme involving a solar …

Adani’s indictment in US vindicates Congress’ stand: Amarinder Warring
1 month, 2 weeks ago

Adani’s indictment in US vindicates Congress’ stand: Amarinder Warring

Hindustan Times  

Punjab Pradesh Congress Committee president Amarinder Singh Raja Warring on Friday said the indictment of Gautam Adani by the US government has vindicated the Congress’ stance and charges against the Adani group. Adani’s indictment in US vindicates Congress’ stand: Amarinder Warring Addressing the press conference at Jalandhar press club on Friday, the PPCC chief said the development vindicates the Congress …

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
1 month, 2 weeks ago

US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men

Associated Press  

NEW DELHI — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The …

Individuals linked to Adani bribery case associated with Cong, alleges AP BJP chief
Trending News
1 month, 2 weeks ago

Individuals linked to Adani bribery case associated with Cong, alleges AP BJP chief

Deccan Chronicle  

Amaravati: Andhra Pradesh BJP president D Purandeswari on Friday said the allegations emanating from the US against the Adani Group raises serious questions and claimed that all those linked to these allegations are associated with the Congress party. Business tycoon and Adani Group chairman Gautam Adani has been charged by US prosecutors over his role in an alleged years-long scheme …

White House confident in navigating crisis over Adani bribery charges
1 month, 2 weeks ago

White House confident in navigating crisis over Adani bribery charges

Deccan Chronicle  

Washington: Asserting that the relationship between India and the US is built on a strong foundation, the White House has expressed confidence that it can navigate the ongoing crisis surrounding bribery charges against Indian billionaire Gautam Adani. At her daily news conference, White House Press Secretary Karine Jean-Pierre told reporters on Thursday that the administration is aware of the charges …

Billionaire Gautam Adani indicted in US for alleged bribery scheme, White House says ‘we are confident…’
1 month, 2 weeks ago

Billionaire Gautam Adani indicted in US for alleged bribery scheme, White House says ‘we are confident…’

Live Mint  

The White House has confirmed its awareness of the bribery allegations surrounding billionaire Gautam Adani, chairman of Adani Group. Adani Group has dismissed as "baseless" the US charges that its billionaire founder, Gautam Adani, paid over $250 million in bribes. Gautam Adani Indicted in US According to US prosecutors, Gautam Adani, his nephew Sagar Adani, and six other co-defendants are …

Adani bribery case: India-U.S. ties have strong foundation; White House confident in navigating crisis over charges
1 month, 2 weeks ago

Adani bribery case: India-U.S. ties have strong foundation; White House confident in navigating crisis over charges

The Hindu  

Asserting that the relationship between India and the U.S. is built on a strong foundation, the White House has expressed confidence that it can navigate the ongoing crisis surrounding bribery charges against Indian billionaire Gautam Adani. At her daily news conference, White House Press Secretary Karine Jean-Pierre told reporters on Thursday that the administration is aware of the charges against …

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?
1 month, 2 weeks ago

Who is Sagar Adani, nephew of Gautam Adani, charged with bribery and fraud by US?

Hindustan Times  

Sagar Adani, the nephew of Gautam Adani, is among the seven defendants charged in a US indictment alongside the Adani Group chairperson in an alleged bribery and fraud scheme tied to a renewable energy project in India. • Sagar Adani is the son of Rajesh Adani, the brother of Gautam Adani, who has been with the Adani Group since its …

What next for billionaire Gautam Adani, charged with bribery in US?
1 month, 2 weeks ago

What next for billionaire Gautam Adani, charged with bribery in US?

Hindustan Times  

Gautam Adani, chairperson of the Adani Group, is facing criminal charges in the US for allegedly paying $250 million in bribes to Indian officials to secure contracts for India’s largest solar power project. Here’s what lies ahead for the Indian billionaire: Gautam Adani, chairperson of Indian conglomerate Adani Group, shows his inked finger after casting his vote in Ahmedabad during …

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis
Trending News
1 month, 2 weeks ago

Gautam Adani indicted: White House reacts, ‘confident’ in navigating crisis

Hindustan Times  

Gautam Adani indicted: The White House said it is aware of the allegations against Indian billionaire Gautam Adani, chairman of Adani Group, who was indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme. US prosecutors said Gautam Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in …

Adani’s legal battle: US bribery charges could spark complex multi-jurisdictional defence
1 month, 2 weeks ago

Adani’s legal battle: US bribery charges could spark complex multi-jurisdictional defence

Live Mint  

The US indictment of billionaire Gautam Adani in a $250 million bribery case could set the stage for a lengthy legal process involving a multi-jurisdictional defence. Prakash added that Adani could invoke international legal principles to argue that the allegations should be investigated under Indian law, possibly with US assistance, under treaties like the UN Convention Against Corruption. US prosecutors …

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled
1 month, 2 weeks ago

How Indian billionaire Gautam Adani's alleged bribery scheme took off and unraveled

ABC  

Indian billionaire Gautam Adani has been indicted by US prosecutors for his alleged role in a $US265 million bribery scheme, plunging his industrial conglomerate Adani Group deep into crisis and causing share prices to tumble. When the Azure CEO wrote on November 24, 2020, that the local power companies "are being motivated," Sagar Adani allegedly replied, "Yup … but the …

Why has Indian billionaire Gautam Adani been charged in a US bribery case?
1 month, 2 weeks ago

Why has Indian billionaire Gautam Adani been charged in a US bribery case?

Al Jazeera  

United States prosecutors indicted billionaire Gautam Adani, one of the world’s richest people, on Wednesday over his alleged lead role in a bribery scheme linked to a mega-sized solar power plant. In a statement, the US Department of Justice alleged that Adani – a close ally of India’s Prime Minister Narendra Modi – and seven of his associates, including his …

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV
Top News
1 month, 2 weeks ago

What are US federal charges against Gautam Adani? What's next for business tycoon? EXPLAINED – India TV

India TV News  

New Delhi: Billionaire Gautam Adani has been indicted by US prosecutors for allegedly conspiring with executives of a formerly New York-listed company to devise a $265 million scheme to bribe Indian officials to boost their solar energy business. US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others with alleged bribery and …

White House on Adani bribery case: Strong ties will help weather the storm
1 month, 2 weeks ago

White House on Adani bribery case: Strong ties will help weather the storm

India Today  

The White House expressed confidence that strong ties will help India and the US navigate the turmoil in the wake of bribery and fraud charges against Indian billionaire Gautam Adani. Adani, 62, was indicted in New York along with his nephew Sagar Adani, 30, and other executives for their roles in an alleged multibillion-dollar bribery and fraud scheme to secure …

OPINION | Adani and Modi: Coincidence or Conspiracy?
Trending News
1 month, 2 weeks ago

OPINION | Adani and Modi: Coincidence or Conspiracy?

India TV News  

The indictment of billionaire Gautam Adani by US prosecutors in a New York court has become a hot political issue in India. Taking a cue, Leader of Opposition in Lok Sabha Rahul Gandhi launched an attack on Prime Minister Narendra Modi and demanded Adani's arrest and interrogation. US Department of Justice charged Gautam Adani, his nephew Sagar Adani and a …

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