The acquisition involves an aggregate investment of Rs 1.98 crore, with Rs 99 lakh allocated for each company.

The indictment issued by federal prosecutors in Brooklyn on Nov. 21 accused Gautam Adani and associates of lying to US investors

Gautam Adani faces a criminal charge of foreign bribery, independent of the three existing charges against him; and to remove and replace language describing the three charges and their potential penalties in paragraph 20) Gautam Adani,

Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian government officials.

Adani Green Energy said that contrary to media reports, its chairman Gautam Adani and his aides have not been charged for violating the U.S. Foreign Corrupt Practices Act.

Indian billionaire Gautam Adani has been charged in the United States for alleged securities law violations and faces potential fines but has not been charged under the U.S. Foreign Corrupt Practices Act,

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

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

By Rishika Sadam and Siddhi Nayak (Reuters) -Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group's billionaire founder Gautam Adani was indicted by U.

Congress and other opposition parties accuse the government of Prime Minister Narendra Modi of protecting billionaire Gautam Adani.

India’s Parliament was disrupted for a third day Thursday by opposition parties protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.