PoliticalUpdate🇮🇳India5d agoAdani Group stocks rose up to 3% after US Department of Justice dropped all criminal charges against Indian billionaire Gautam Adani and his nephew Sagar Adani, concluding a 19-month legal battle. This development, alongside a $275 million settlement with the US Treasury for sanctions violations, lifts uncertainty over the Adani Group's expansion plans. The group had faced allegations of bribery and fraud linked to solar power contracts.3.5/10·Economic TimesPrimary Source ↗Details →
PoliticalUpdate🇮🇳India4d agoReliance, Adani, NTPC and Bajaj Group outline a ₹6.5 lakh crore investment plan that would create nuclear capacity nearly three times India’s current operational fleet of about 8,800 MW operational nuclear power generation capacity.2.5/10·The Hindu Business LinePrimary Source ↗Details →
PoliticalUpdate🇮🇳India5d agoAdani was accused of bribing Indian officials and misleading US investors to secure a solar power plant project in India.2.5/10·Al Jazeera EnglishPrimary Source ↗Details →