Kenyas President William Ruto has canceled multimillion-dollar energy and airport expansion deals with Indian industrial conglomerate Adani Group shortly after Gautam Adani, founder and chairman of Adani, and other executives were indicted in New York on Wednesday for their alleged roles in a multi-million-dollar bribery and fraud scheme involving a major solar power project. In a state of the ...

Indian billionaire Gautam Adani has been indicted by US prosecutors for his role in a $265 million scheme to secure solar energy deals

U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their "bribery scheme."

NAIROBI, Kenya (AP) Kenyas president said Thursday he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia’s richest men.President William Ruto in a state of ...

The US has charged one of Indias richest men, Gautam Adani, with fraud alleging a multibillion-dollar bribery scheme.

Indian businessman Gautam Adani, one of the world's richest people, was charged by the U.S. on allegations of fraud. Adani is accused of fooling investors by concealing that his company's expansive solar energy project was backed by an alleged bribery scheme, The Associated Press reported. The federal indictment was unsealed Wednesday. He was charged with...

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.

Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure 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.

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