Indian energy mogul Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York on bribery charges involving solar energy supply contracts.

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court. The 62-year-old billionaire and the other defendants are accused of paying over $250 million in bribes to Indian government officials to secure solar energy contracts that could generate more than $2 billion in profits.

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Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.

Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged bribery and fraud scheme. An Adani Group spokesperson said the allegations made by the U.

The warrant against Adani was issued after an indictment. What is an indictment in the US legal system and what does it mean for Adani and his alleged conspirators? We explain.

Indian billionaire Gautam Adani has been indicted in New York for a multibillion-dollar fraud scheme and bribery.According to CNN, the US Department of Justice said on Wednesday, November 20, 2024, that the chairman of India’s Adani Group,

Israel wants India's Adani Group to continue to invest in the country, Israel's envoy to India said on Thursday, affirming the nation's support for the ports-to-media conglomerate whose billionaire founder is facing bribery allegations in the United States.

Congress and other opposition parties accuse the government of Prime Minister Narendra Modi of protecting billionaire Gautam Adani.

India’s opposition has disrupted Parliament for a third day, protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fr

India’s opposition is protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes.