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NBC New York · 12h

Adani's indictment: How one of India's biggest empires descended into chaos

The 62-year self-made Indian billionaire expanded his empire through deals and the backing of Indian Prime Minister Narendra Modi, according to Forbes. Modi has been accused by opposition leader Rahul Gandhi for assisting the Adani Group in securing contracts in Sri Lanka, India and Australia.

Indian tycoon Adani's US indictment rattles stocks, Kenya spikes deal

Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals.

Everything we know about US indictment of Indian billionaire Gautam Adani

Federal prosecutors in Brooklyn, New York, unsealed the five-count indictment on Wednesday, alleging Mr Adani and seven other associates, including nephew Sagar Adani, bribed Indian public officials,

Indian billionaire Gautam Adani’s business empire at risk amid U.S. indictment for fraud, bribery

Adani, a major power player in India perceived as close to Prime Minister Narendra Modi, was charged on Wednesday by U.S. prosecutors with securities fraud and conspiracy to commit securities and wire fraud.

US SEC To Use Diplomatic Channels To Serve Summons To Adani and His Nephew Over Alleged $265 Million Bribery Scheme

The US SEC seeks to summon the adanis; however, this request must follow the established protocol of completing other ...

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How Adani Bribe Case Will Test the Long Arm of US Law

US prosecutors face steep legal and diplomatic hurdles in their bid to imprison billionaire Gautam Adani for allegedly ...

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Adani Group slams ‘baseless' New York fraud and bribery charges

India’s Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group’s chair ...

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Billionaire Gautam Adani indicted in New York on bribery charges

Indian billionaire Gautam Adani and other executives were indicted in New York on Wednesday by US prosecutors for their ...

Indian Billionaire Gautam Adani Indicted in Brooklyn for Alleged Orchestration of $250 Million Bribery Plot

Modi is not charged with any wrongdoing. The 54-page indictment, unsealed late Wednesday by the U.S. Attorney’s Office for ...

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Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal ...

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Gautam Adani's associates used Excel and PowerPoint to discuss their bribe options in a $250 million scheme, prosecutors say

Federal prosecutors said a consultant created multiple presentations, including one discussing how to reimburse Adani for the ...

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U.S. Charges Indian Billionaire Adani With Fraud Over Bribery Scheme

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

Decoding The Gautam Adani Controversy – New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay

Decoding The Gautam Adani Controversy - New York Attorney General Targets India’s Solar Sector Amid Global Economic Powerplay ...

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Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment

The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.

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