Prosecutors allege one of Indias richest men paid off local officials

Shares in Adani Enterprises, the group's flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani's net worth.

NEW DELHI (AP) Asias controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme. In an indictment unsealed by fede...

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

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

NEW YORKGautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme, U.S. prosecutors said on Wednesday. Authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay […]

Adani, a power player in the worlds most populous nation, allegedly sought to obtain and finance massive state energy supply contracts through corruption and fraud at the expense of U.S. investors.

Gautam Adani, a billionaire from India, and seven others are accused of hiding bribes to Indian officials from U.S. investors in a solar energy scheme worth billions of dollars.

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

Indian energy billionaire Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York for alleged bribery involving solar energy supply contracts

Indian energy billionaire Gautam Adani, an ally of Prime Minister Narendra Modi, was indicted in New York for alleged bribery involving solar energy supply contracts

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Adani has been charged by U.S. federal prosecutors with defrauding investors for a solar energy project in India.

The charges comes just weeks after the Adani Group pledged billions in new US energy and infrastructure projects.

One of the richest people in the world, Gautam Adani, was indicted over an alleged multibillion-dollar fraud scheme.

NEW YORK >> Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, has been indicted in New York over an alleged multibillion-dollar fraud scheme, U.S. prosecutors said today.

Gautam Adani and others are charged in the New York indictment with paying Indian government officials $250 million to secure solar energy supply contracts.