Gautam Adani along with seven others that includes his nephew Sagar Adani have been indicted by the U.S. Securities and Exchange Commission with fraud, bribery, and corruption for allegedly defrauding American investors and bribing officials. Gautam Adani U.S. indictment LIVE updates A total amount of $265 million was to be paid in bribes to Indian government officials to obtain contracts …
Adani Group shares plunged when the markets opened on Thursday, November 21, 2024, after the US Securities and Exchange Commission announced it was pressing charges against Adani Group chairman Gautam Adani, Sagar Adani, and Cyril Cabanes, an executive of Azure Power Global Ltd in a bribery and fraud case. The US market regulator SEC alleged the scheme was to secure …
