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The Latest Breaking News from Gautam Adani

‘Trust is greater than any legal right’: Gautam Adani a day after US case dismissal

In light of the dismissal of a US criminal case against him, Gautam Adani shared his views replete with humility, reinforcing his trust in the justice system. The Adani Group's withdrawal of its FPO came after serious allegations, yet business proceeded as usual thanks to loyal employees and partners. Adani…

The Economic Times

'Compromised PM forced to sell India's interest': Rahul Gandhi as US court dismisses Adani case

Congress leader Rahul Gandhi criticised Prime Minister Narendra Modi after a US court permanently dismissed criminal charges against Adani Group Chairman Gautam Adani and his nephew Sagar Adani. Gandhi alleged that the government had compromised India’s interests and said the country was paying a heavy price.

The Economic Times

US court scraps fraud case against Gautam Adani and nephew Sagar

A US judge has dismissed securities and wire fraud charges against Gautam Adani and his nephew Sagar, ending the criminal case over alleged bribes tied to Indian solar contracts. The dismissal with prejudice bars the government from reviving the charges, potentially clearing the way for Adani Group to expand in…

The Economic Times

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US court dismisses criminal charges against Gautam Adani, Sagar Adani; senior lawyers laud decision

A US federal court has officially dismissed the criminal charges against Gautam Adani and his nephew, thanks to the Justice Department's request after analyzing jurisdictional and evidentiary issues. This ruling marks a significant victory for the Adani Group, although it does not imply any ruling on the allegations themselves. Gautam…

The Economic Times

US Judge Calls DOJ’s Decision to Drop Charges Against India’s Richest Man ‘Concerning’ as Court Dismisses Bribery Case

On Monday, a U.S. judge dismissed criminal charges against India’s richest man, Gautam Adani, but questioned the unusual process through which the Justice Department decided to abandon the high-profile bribery and fraud case.

Benzinga

US court dismisses criminal charges against Indian billionaire Gautam Adani

US judge says Justice Department’s decision to drop charges against Indian billionaire ‘highly unusual’

The Independent UK

Judge Garaufis Blasts Trump DOJ for 'Highly Unusual' Dismissal of Adani Bribery Case

A Brooklyn judge blasted the Trump DOJ's 'highly unusual' move to drop Gautam Adani's bribery case, refusing two counts and probing a $10 billion US investment pledge.

International Business Times UK

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Adani Group stocks jump up to 3% after US judge drops criminal case against Gautam Adani. What investors should know

Adani Group shares rose up to 3% after a US judge dismissed criminal charges against Gautam Adani. Adani Enterprises, Adani Power, Adani Ports and Adani Green gained, boosting investor sentiment. The judge said the decision was not an endorsement of the Justice Department’s move, while Adani Group has consistently denied…

The Economic Times

Gautam Adani welcomes US criminal case dismissal, says faith in rule of law ‘unwavering’

Billionaire Gautam Adani welcomed a US judge’s dismissal of criminal charges against him, saying his faith in “truth, fairness and the rule of law” remained unwavering. The Justice Department had sought to abandon the fraud and bribery case, prompting Judge Nicholas Garaufis to scrutinise the reasons behind the decision before…

The Economic Times

US judge dismisses criminal case against Gautam Adani

A US judge on Monday dismissed criminal charges against Indian billionaire Gautam Adani after the Justice Department decided to abandon a long-running fraud and bribery case against him.

The Times of India

US judge dismisses criminal case against billionaire Gautam Adani

A US judge dismissed criminal charges against Indian billionaire Gautam Adani. The Justice Department decided to abandon the fraud and bribery case against him. Adani denied any agreement was made for the dismissal of the indictment. He had previously pledged a ten billion dollar investment in the United States. The…

The Economic Times

Google's $15 billion India data centre project battles water, wildlife concerns

Google's planned data centre in Visakhapatnam is facing considerable resistance from environmental activists. Concerns have been raised regarding the strain on local water resources and the site’s closeness to a wildlife sanctuary. The government has denied allegations of hastening the project and is receptive to community input. Google is committed…

The Economic Times

Rs 104 lakh crore club: India's richest 3,040 now hold wealth equal to 30% of GDP

India’s 3,040 richest individuals hold Rs 104 lakh crore in wealth, nearly 30% of nominal GDP, highlighting growing wealth concentration. The latest report also shows rising participation from young entrepreneurs, women and first-generation founders alongside established business families.

The Economic Times

Adani's nuclear power ambition hinges on a green light

Adani Power awaits government rules for private nuclear sector entry. The company plans ten gigawatts of nuclear capacity by twenty thirty-five. Investment decisions depend on regulatory clarity and cost-effectiveness for consumers. Feasibility studies for potential sites in Madhya Pradesh are underway. India aims to significantly expand nuclear power capacity by…

The Economic Times

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The Economic Times

Inside the legal campaign that freed Gautam Adani from US prosecution

US prosecutors dropped bribery and fraud charges against billionaire Gautam Adani. A 10-week defense campaign presented nearly 600 pages of legal arguments. This extensive effort persuaded the Justice Department to abandon the prosecution. The case began in November 2024 and was dismissed in May 2026. Adani and his nephew settled…

The Economic Times

Top US prosecutor will not dispute DOJ decision to drop Gautam Adani's criminal case

Brooklyn's top federal prosecutor stated he had no basis to dispute the Justice Department's decision. He was not the decisionmaker behind dropping the fraud and bribery case against Gautam Adani. The case involved alleged bribes for a solar power plant development in India. Adani's lawyers and the conglomerate have consistently…

The Economic Times

India customs becomes second agency to fight Adani over nicotine pouches

Indian customs authorities support the health ministry's stance against Adani Group's airport nicotine pouch sales. The customs department stated that tax advantages do not exempt shops from regulatory controls. Adani Group is challenging the ban in Mumbai's High Court, arguing domestic regulations do not apply. Authorities deem Adani's interpretation of…

The Economic Times

Gautam Adani denies any deal linked to dismissal of US criminal case in sworn affidavit

Gautam Adani has categorically denied any involvement with a deal related to the dismissal of criminal charges against him. He affirmed under oath that he was ignorant of any agreements surrounding this matter. The Justice Department explained that legal hurdles necessitated the charge dismissal. Furthermore, discussions between Adani's legal team…

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The Economic Times

Gautam Adani, family's property arm top realty wealth gains, adds Rs 38,000 crore in 2026 rankings

Adani Properties led real estate wealth creation, adding Rs 38,000 crore to its valuation. DLF remained India's most valuable developer despite a valuation decline. Lodha Developers and Indian Hotels Company also saw valuation drops this year. The broader real estate sector experienced subdued growth, with a 2% cumulative value increase.…

The Economic Times

Adani ducks headwinds to record a huge jump in realty fortune; at cusp of being richest in biz: Report

Last year marked a significant financial upturn for Gautam Adani's family, as their real estate holdings witnessed a remarkable increase, valuing Adani Properties at Rs 90,400 crore, up by Rs 38,000 crore. This contrast sharply with the broader real estate market, where the BSE Realty Index plummeted by 20 percent,…

The Economic Times

The great Adani trade is back with Rs 1.4 lakh crore bang! Why Adani Enterprises is Nifty’s hottest stock now

Adani Enterprises shares have rallied significantly this year, becoming Nifty's top performer. Investors are betting on its airports-to-copper portfolio to create new listed companies. The company recently raised substantial capital through a qualified institutional placement. This funding will support business expansion, debt repayment, and strategic investments. Analysts expect strong earnings…

The Economic Times

India seeks to quash Adani airport's nicotine pouch court challenge citing illegality, health risk

India's government argues Adani Group's airport sale of nicotine pouches violates drug laws. The government asserts these sales pose a serious public health risk to citizens. Adani Group is challenging the official finding that they broke the law. The case could set a precedent for regulating nicotine pouch sales at…

The Economic Times

Gautam Adani to file affidavit this week in US court

Gautam Adani is set to file a sworn affidavit with a US court this week to confirm his awareness of any investment agreements connected to the dismissal of indictments. The justice department has petitioned to dismiss the case due to its lack of legal merit. However, the presiding judge seeks…

The Economic Times

US court unlikely to reject DOJ bid to drop Adani case, legal experts say

US legal experts say it would be highly unusual for a federal court to reject the Department of Justice's request to dismiss the criminal case against Gautam Adani. The DOJ has argued the prosecution was legally flawed, difficult to prove and inconsistent with Trump administration priorities, while experts say judges…

The Economic Times

View: Meta's cloud play will spice up Ambani-Adani rivalry

Meta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons Mukesh Ambani and Gautam Adani. Ambani's Reliance and Meta are partnering on a large data center project. This alliance addresses data sovereignty concerns for Indian businesses. It allows local…

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