Indian billionaire Gautam Adani and other executives were indicted in New York for roles in a multi-billion-dollar fraud scheme, the US Department of Justice said Wednesday.

Gautam Adani is accused of allegedly paying US$250 million in bribes to Indian officials to secure solar energy contracts.

Five of the defendants were charged with conspiring to violate the Foreign Corrupt Practices Act, a US anti-bribery law, and four were charged with conspiring to obstruct justice.

The renewable energy company is accused of raising over $3 billion in loans and bonds during this period by making ‘false and ...

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Coming less than a decade after its launch, the studies emerging from the global project are a major achievement. Funders ...