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The Latest Breaking News from Gautam Adani

Capital Group builds $2 billion Adani bet in pivot from Reliance

The Capital Group has invested over $2 billion in three Adani Group firms in recent weeks. On May 5, it purchased nearly a 2% stake in for Rs 7,486 crore through open-market deals, as per BSE block-deal data.

The Economic Times

'Crony capitalism and oligarchy': 'Remarkable correlation' between Adani's rise & Modi’s ascendancy

François Picard is pleased to welcome Paranjoy Guha-Thakurta, an Indian journalist, investigative author and filmmaker. He offers a sweeping critique of the nexus between oligarchic wealth, political power and weakened institutional accountability in contemporary India. Drawing on the allegations surrounding billionaire industrialist Gautam Adani, US sanctions investigations and the politics…

France 24

Is Donald Trump government corrupt? Well, they just dropped fraud charges against a billionaire, and get this – he isn’t even American

It just took $10 billion.

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Adani Group will start business in big way in US because allegations have been withdrawn: Senior Advocate HP Ranina

The US Department of Justice has permanently dismissed criminal fraud charges against Gautam and Sagar Adani. This decision, following a payment without admitting guilt, is expected to boost Adani Group's shares and facilitate their expansion into the US market. Prosecutors cited a lack of evidence as the reason for withdrawing…

The Economic Times

US drops charges against billionaire after $10B investment promise

IN FULL

The Independent UK

US drops corruption charges against Indian billionaire Adani after $18m settlement

Decision comes after Indian billionaire commits to invest $10bn in US and create 15,000 jobs

The Independent UK

Lack of foresight, leadership in BJP: Mallikarjun Kharge attacks PM on oil prices, Adani matter

Congress president Mallikarjun Kharge has strongly criticised Prime Minister Narendra Modi regarding recent fuel price increases. Kharge alleged that the government is burdening common citizens while allegedly giving industrialist Gautam Adani a 'free pass'. He also accused the ruling party of lacking foresight and leadership.

The Economic Times

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Adani Victory In US: Justice Department Drops Securities Fraud Case Against Billionaire

The US Justice Department has permanently dropped all charges against Gautam Adani in a securities fraud case, allowing the Adani Group to focus on future projects without legal hindrance

International Business Times UK

Adani Enterprises & other Adani Group stocks rise up to 5% after US drops charges against Gautam Adani

Adani Group shares surged as US prosecutors dropped criminal charges against Gautam Adani and his nephew. This development concludes a 19-month legal challenge. The conglomerate also settled civil charges with the US Treasury Department for sanctions violations. The group's expansion plans faced uncertainty during this period. The dismissal of charges…

The Economic Times

US Justice Department drops all criminal charges against Gautam Adani, closes case permanently

US authorities have dropped criminal fraud charges against Gautam Adani. This follows a $275 million settlement for a probe into sanctions violations. Adani had promised a $10 billion investment in the US economy. His lawyer argued the case was weak and investment was contingent on dismissal. The settlement involved apparent…

The Economic Times

Adani Enterprises resolves US Treasury sanctions case with $275 mln settlement after 'proactive' disclosure, cooperation

Adani Enterprises has agreed to a $275 million settlement with the US Treasury. This resolves potential civil liability for 32 apparent violations of US sanctions on Iran. The company bought liquefied petroleum gas from a Dubai trader. This gas had actually originated from Iran. Separately, the US Securities and Exchange…

The Economic Times

India reacts sharply after Netherlands expresses concern over press and minority rights during Modi visit

Delhi slams ‘lack of understanding’ of South Asian country’s diversity after Dutch prime minister says rights of minorities ‘under severe pressure’

The Independent UK

'Where is Modi?': Sanjay Raut questions PM's foreign tour

Sanjay Raut of Shiv Sena (UBT) has strongly criticized the BJP. He questioned Prime Minister Narendra Modi's foreign visits while the country faces crises. Raut also alleged that national institutions, including NEET, are under BJP's complete control. He highlighted issues with state leaders' convoys and defended the legacy of Maharashtra's…

The Economic Times

US set to drop criminal charges against Indian billionaire Gautam Adani after $18m settlement

Reversal comes after Adani hires new legal team led by Robert J Giuffra Jr, one of president Donald Trump's personal lawyers

The Independent UK

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The Economic Times

Adani legal relief could be a turning point for India's biggest infrastructure bet: Deven Choksey

A potential dropping of US fraud charges against Gautam Adani could signal the end of an eighteen-month defensive period for the Adani Group. This development is expected to reopen doors to global capital, enable debt repricing, and allow the conglomerate to prioritize growth over legal concerns, according to market observers.

International Business Times UK

Who Is Gautam Adani, India's Richest Man? Billionaire Accused in $265 Million Bribery Case Now Nearing DOJ Deal

Indian billionaire Gautam Adani may soon see US fraud and bribery charges dropped, as federal authorities consider dismissing the case. The Adani Group denies wrongdoing, citing jurisdictional issues.

Newslaundry

NDTV covers the Adani case, but without key detail of an ‘unusual offer’

What does a newsroom do when the biggest news of the day is about the person who owns it?

The Economic Times

Rahul Gandhi calls Narendra Modi 'compromised' PM who bargained for Adani in US & not trade deal

Rahul Gandhi criticised Prime Minister Narendra Modi, alleging he prioritised Gautam Adani's release from US fraud charges over India-US trade deal. This follows reports that the US Justice Department is nearing the dropping of criminal fraud charges against Adani, who pledged a $10 billion US investment.

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The Economic Times

Adani Enterprises, other Adani Group stocks jump up to 3%. Here’s why

Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million is also proposed. This development could lead to the dropping of criminal charges. The Adani Group is reportedly considering substantial US investments.…

The Independent UK

US agrees to settle lawsuit that accused an Indian billionaire of hiding an alleged bribery scheme

The U.S. government has agreed to settle a lawsuit against Indian billionaire Gautam Adani

The Economic Times

US set to drop criminal fraud case against Gautam Adani, sources say, as deal reached in civil case

The U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani over an alleged bribery scheme tied to an Indian solar project. Separately, the SEC has settled a related civil fraud case against Adani and his nephew, subject to court approval, with both agreeing to pay civil…

The Economic Times

Adani settles SEC case, criminal charges set to be dropped — a 17-month legal battle winds down

Gautam Adani and his nephew Sagar will pay $18 million to settle US Securities and Exchange Commission charges. The Adani Group faces allegations of false statements regarding Adani Green Energy Ltd. This settlement could pave the way for the conglomerate's return to international markets. The Justice Department is also moving…

The Guardian - US

US reportedly dropped fraud charges against Indian billionaire after he hired Trump’s lawyer

Gautam Adani, richest man in Asia, was accused of conspiring to pay $250m in bribes to Indian government officials

The Economic Times

US authorities moving to end fraud cases against Gautam Adani

US authorities are nearing a resolution for fraud charges against Indian billionaire Gautam Adani. The Justice Department may drop its case soon. The Securities and Exchange Commission is also working to settle its parallel civil fraud case. This development would significantly benefit the Adani Group, clearing the path for international…

The Economic Times

Adani Enterprises shares jump 5% after nearly 60 lakh shares worth Rs 1,435 crore change hands in block deal

Adani Enterprises shares surged over 5% following a substantial block deal worth Rs 1,435 crore. Despite a Q4 net loss, revenue climbed 20%, driven by infrastructure and utility segments contributing 80% of EBITDA. The company highlighted a stable, infrastructure-led business model poised for sustained cash generation and value creation.

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