Adani Group helping Maharashtra achieve holistic economic growth: Industry leaders - Social News XYZ

Mumbai, May 22 (SocialNews.XYZ) From the Navi Mumbai International Airport to the redevelopment of Dharavi, the Adani Group is making huge investment towards the holistic economic growth of Maharashtra, industry veterans and experts said here... - Social News XYZ

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Execution at scale, healthy balance sheet: Bernstein goes bullish on Adani Group - Social News XYZ

Mumbai, May 22 (SocialNews.XYZ) Global brokerage Bernstein has gone bullish on Adani Group over robust execution and a healthy balance sheet, hailing its ability to execute at scale against competition while expressing comfort on debt... - Social News XYZ

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Times of India | All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

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All criminal charges against Gautam Adani, his nephew Sagar Adani and other senior executives were dismissed after the U.S. Department of Justice withdrew its case, prompting a rally of up to 3.5 % in the shares of Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas. The group also settled civil sanctions‑related allegations with the U.S. Treasury’s Office of Foreign Assets Control for $275 million, without admitting wrongdoing, and previously resolved an $18 million civil corruption claim. The DOJ’s decision ends a 19‑month legal saga that had hampered the conglomerate’s expansion, fundraising and contracts, while the Securities and Exchange Commission’s parallel investigations into alleged bribery and nondisclosure continue.

Read more: https://timesofindia.indiatimes.com/business/india-business/all-charges-dropped-by-us-department-of-justice-adani-group-stocks-rally-up-to-3/articleshow/131191708.cms

#GautamAdani #RobertGiuffra #Adanigroup #USTreasury #OFAC #SagarAdani

All charges dropped by US Department of Justice: Adani Group stocks rally up to 3%

Adani group stocks today: After the US Department of Justice withdrew all criminal allegations against billionaire Gautam Adani and his nephew Sagar Adani, shares of Adani group rallied on Tuesday. Stocks of several Adani Group firms, including Adani Enterprises, Adani Green, Adani Power, Adani Ports, Adani Energy and Adani Total Gas, rose by as much as 3.5% after the case was effectively closed the securities and wire alleged fraud case in New York.

The Times of India

NBC News Top Stories | U.S. prosecutors drop fraud charges against billionaire Indian businessman by Chloe Atkins

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U.S. prosecutors announced on May 18, 2026 that they are dropping the criminal fraud charges against Indian billionaire Gautam Adani, the chairman of the Adani Group, after the Trump administration requested that a Brooklyn judge dismiss the 2024 indictment alleging a $250 million bribe to secure approval for India’s largest solar power plant and false statements to U.S. and international investors. The decision came amid separate settlements: the Securities and Exchange Commission approved an $18 million civil‑fraud resolution with Adani and his nephew, and the Treasury Department reached a $275 million settlement with Adani Enterprises for violations of U.S. sanctions on Iran. Adani, who has denied the allegations and maintains close ties to Prime Minister Narendra Modi, was never arrested or required to appear in the United States, and the case’s dismissal marks a significant reversal of the high‑profile investigation.

Read more: https://www.nbcnews.com/world/asia/us-drops-charges-billionaire-indian-businessman-gautam-adani-rcna345809

#GautamAdani #Adanigroup #NarendraModi #DonaldTrump #SEC #TrentMcCotter #JosephNocella #MukeshAmbani #SagarAdani

Gautam Adani: U.S. prosecutors drop fraud charges against billionaire Indian businessman

The Justice Department said it would drop its criminal fraud charges against billionaire Indian businessman Gautam Adani, a significant reversal in a high-profile case.

NBC News

Times of India | Adani Group, top officials settle all legal cases in US

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The Adani Group’s U.S. legal battles concluded this week after the company and its senior executives, including Chairman Gautam Adani, reached multiple settlements. Adani Enterprises paid $275 million to the U.S. Treasury’s Office of Foreign Assets Control to resolve alleged violations of Iran‑related sanctions stemming from LPG shipments that were actually sourced from Iran, and the U.S. Securities and Exchange Commission imposed an $18 million settlement. Separately, the Department of Justice dropped criminal charges against Gautam Adani and seven others. The resolutions followed the hiring of a new legal team led by Robert J. Giuffra Jr., a former Trump lawyer and co‑chairman of Sullivan & Cromwell.

Read more: https://timesofindia.indiatimes.com/business/india-business/adani-group-top-officials-settle-all-legal-cases-in-us/articleshow/131188663.cms

#Adanigroup #GautamAdani #AdaniEnterprises #OFAC #LPG #SagarAdani #RobertGiuffra #DonaldTrump

Adani Group, top officials settle all legal cases in US

MUMBAI: The legal cases that the Adani Group and its various top officials, including Gautam Adani, the group’s chairman, were facing in the US came to an end on Monday.

The Times of India

Al Jazeera – Breaking News, World News and Video from Al Jazeera | US drops fraud charges after billionaire Adani pledges $10bn investment

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The U.S. Department of Justice has moved to dismiss criminal fraud charges against Indian billionaire Gautam Adani, concluding that it will not devote further resources to the case after Adani pledged a $10 billion investment in the United States. The allegations—originally brought under the Biden administration—claimed Adani and associates bribed Indian officials to secure a massive solar‑power contract, misled U.S. investors, and raised over $3 billion, while also facing separate settlements over alleged sanctions violations with Iran and a civil suit by the SEC. The DOJ’s request, pending judicial approval, follows the appointment of a new legal team that includes Robert J. Giuffra Jr., a personal attorney of former President Donald Trump, and comes as Adani argues the investment would create thousands of U.S. jobs.

Read more: https://www.aljazeera.com/economy/2026/5/18/us-drops-fraud-charges-after-billionaire-adani-pledges-10bn-investment?traffic_source=rss

#Bidenadministration #DonaldTrump #SecuritiesandExchangeCommission #Adanigroup #GautamAdani #NicholasGaraufis #RobertGiuffra #SagarAdani

US drops fraud charges after billionaire Adani pledges $10bn investment

Adani was accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India.

Al Jazeera
Lawyers for Adani and co-defendants consented to the request, prosecutors said. The judge, Nicholas Garaufis, still needs to approve the dismissal. https://english.mathrubhumi.com/news/india/us-justice-department-moves-to-end-criminal-case-against-gautam-adani-and-co-defendants-x91590ek?utm_source=dlvr.it&utm_medium=mastodon #GautamAdani #AdaniGroup #USDOJ #SEC #BusinessNews
Adani Group to invest in big infra, energy projects in Bihar: Gautam Adani - Social News XYZ

New Delhi/Patna, May 17 (SocialNews.XYZ) Billionaire industrialist Gautam Adani said on Sunday that the Adani Group is fully committed to giving a new direction to the development of Bihar through active collaboration in big-ticket infrastructure... - Social News XYZ

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US authorities likely to drop case against Adani Group chief soon - Social News XYZ

New Delhi, May 14 (SocialNews.XYZ) The US authorities are moving to resolve the allegations of fraud against Adani Group Chairman Gautam Adani and bring to an end the case, which has been lingering for more... - Social News XYZ

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