Gautam Adani Wins Dismissal of US Securities Fraud Charges

Gautam Adani won dismissal of US securities fraud charges, ending a blockbuster case that threatened the expansion of the Indian billionaire’s giant conglomerate.

By Patricia Hurtado

US judge drops criminal charges against Indian billionaire Gautam Adani

Justice department says it decided to abandon fraud and bribery case in which Adani Group has denied wrongdoing A US judge on ⁠Monday dismissed criminal charges against the Indian ⁠billionaire Gautam Adani, after ​the justice department said it had decided to abandon the fraud and bribery case. The Brooklyn-based district judge Nicholas Garaufis’s decision to grant federal prosecutors’ rare bid to ⁠toss the case came after he inquired into their reasons for doing so, including by asking Adani...

By Reuters

U.S. judge ends graft case against Indian billionaire Gautam Adani

A U.S. federal judge has approved the Department of Justice's decision to dismiss the criminal probe against Indian billionaire Gautam Adani on graft charges.

US judge dismisses criminal case against Indian billionaire Adani

A US judge on Monday dismissed criminal charges against Indian billionaire Gautam Adani, after the Justice Department said it had decided to abandon the fraud and bribery case. Brooklyn-based US District Judge Nicholas ‌Garaufis’ decision to grant federal prosecutors’ rare bid to toss the case came after he inquired into their reasons for doing so, including by asking Adani whether anything was promised in exchange for the dropping of the case. In November 2024, before the charges were unseal...

By Reuters

Relief for Adani group: US court permanently dismisses criminal case; bizman reacts

Responding to the ruling, Gautam Adani said, "Truth has prevailed," adding that he respected the judicial process and expressed gratitude to those who had supported the Adani Group during the proceedings. He also reaffirmed the conglomerate's commitment to "nation-building" and "long-term value creation."

By TOI BUSINESS DESK

Daily Briefing: From Adani’s legal relief to Brij Bhushan’s acquittal and Blinkit’s cockroach trouble

By Anupama Yadav

Gautam Adani welcomes big legal relief by US court: 'Deep respect for judiciary'

Reacting to the legal relief, Gautam Adani took to the social media platform X and welcomed the judgement.

Gautam Adani wins dismissal of U.S. securities fraud charges

The U.S. alleged Adani was part of a scheme to pay more than $250 million in bribes to lock in solar energy contracts — allegations Adani consistently denied.