Washington: As many as six US Congressmen have written to the newly appointed Attorney General of the United States against “questionable” decisions made by the US Department of Justice (DoJ) such as the indictment against the Adani Group in an alleged bribery scam, which “jeopardises the relationship with close ally India”. Lance Gooden, Pat Fallon,…
The Andhra Pradesh government is examining whether the state can cancel a contract with the Solar Energy Corp of India (SECI) following allegations by prosecutors in New York that the Adani Group paid around $265 million in bribes to officials in several Indian states to secure renewable energy contracts. The US case rests on the…
Billionaire Gautam Adani’s Adani Infrastructure will buy a 30.07% stake in construction firm PSP Projects for Rs 685.36 crore, confirming CNBC-TV18 news break. The deal includes an open offer at ₹642.06 per share, a 4% discount to the current market price, and involves purchasing a stake from one of PSP Projects’ founders. PSP Projects in…
