Indian billionaire Gautam Adani’s net worth dropped by over USD 10 billion on Thursday, November 21, following the issuance of an arrest warrant in the US by a judge, just hours after federal prosecutors accused him of running a USD 250 million bribery scheme in the country.
Tag: USA News
Adani Green scraps USD 600 million bond sale after promoter charged in alleged bribery case in US
Hours before the US prosecutors charged Gautam Adani and associates with participating in a scheme to pay over USD 250 million bribe to Indian officials in exchange for favourable terms for solar power contracts, the firm sold a 20-year green bond in the US-investment-grade market.
US names Gautam Adani, others in USD 250 million bribery scheme
According to the indictment, between 2020 and 2024, the Adani and the others agreed to pay more than USD 250 million in bribes to Indian government officials to obtain lucrative solar energy supply contracts with the Indian government, which were projected to generate more than USD 2 billion in profits after tax over an approximately 20-year period.
US embassy in Kyiv shuts down over threat of potential air attack
US Embassy in Ukraine shuts down amid possible air attack threat.
Ukraine fires US-supplied long-range missiles into Russia: Reports
Ukraine fires US-supplied long-range missiles into Russia. The fresh development may further escalate tension between the two countries.
Donald Trump selects Cantor Fitzgerald’s CEO as commerce secretary
US President-elect Donald Trump on Tuesday, November 19, selected the CEO Cantor Fitzgerald as his commerce secretary and US trade representative. This is one of the rare times that both the positions have gone to one person.
New York: 51-year-old homeless man goes on stabbing spree in Manhattan, kills three
51-year-old person stab to death three people in New York.
Joe Biden allows Ukraine to use long-range missiles inside Russia
Joe Biden approves Ukraine to use long-range missiles inside Russia
Trump has no ties with Imran Khan; to keep eye on Bangladesh situation, says Pakistani-American politician
Trump is aware that when he was running for president in 2016, Muhammad Yunus — the chief advisor to the interim Bangladesh government — had openly supported Hillary Clinton against him. During his recent US visit, Yunus met President Joe Biden and former president Bill Clinton, he added.
Donald Trump visits Madison Square Garden to see UFC event with Elon Musk
Donald Trump visits Madison Square Garden to see UFC clash