U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme

Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.

Gautam Adani charged in US over alleged $250mn bribery scheme

Prosecutors accuse tycoon and others of lying to investors and offering millions in bribes to land lucrative contracts

World - Financial Times - 11 hours ago

Billionaire Gautam Adani charged in New York with massive fraud, bribery scheme

Gautam Adani and others are accused in the New York indictment of paying Indian government officials $250 million to secure solar energy supply contracts.

Business - CNBC - 12 hours ago

US charges Indian billionaire Adani over alleged $250m bribery scheme

The Adani Group has denied the allegations of bribery and fraud, calling them "baseless".

Comcast's cable network spinoff may be a signal to the media industry for necessary change

Comcast may be proceeding with a transaction as a signal to the rest of the media industry that consolidation is necessary.

Business - CNBC - 14 hours ago

Billionaire Gautam Adani charged in US over alleged $250m bribery plot

Indian chair of Adani Group, worth about $85bn, accused of agreeing to pay bribes to obtain solar energy contracts. Gautam Adani, one of the world’s richest men, has been indicted in New York over ...

World - The Guardian - 15 hours ago

US Charges Gautam Adani With Fraud Over Bribery Scheme

Gautam Adani and his associates were accused of paying more than $250 million in bribes to obtain lucrative solar energy contracts.

Tech - The New York Times - 2 hours ago

Gautam Adani takes on plan to redevelop Mumbai’s biggest slum

Locals and opposition parties denounce tycoon’s bid to rehouse 1mn people in crowded part of India’s financial capital

World - Financial Times - Yesterday

FirstFT: Russia fires its first intercontinental ballistic missile

Also in today’s newsletter, Indian billionaire Gautam Adani charged over alleged bribery scheme and DoJ requests Google break-up

World - Financial Times - 2 hours ago

US House panel keeps Gaetz sex allegation report under wraps

Democrats demand release of files on Donald Trump’s pick to be country’s attorney-general

World - Financial Times - 14 hours ago

UK cuts fines for boilermakers in climbdown on heat pump sales

Shift comes after intense lobbying from industry over incoming penalties tied to net zero targets

World - Financial Times - 13 hours ago

India's 2nd-wealthiest person charged by U.S. in $250 million bribery scheme

U.S. prosecutors have charged Gautam Adani, India’s second-richest person, with fraud over accusations that he and several alleged co-conspirators sought to pay $250 million in bribes to Indian ...

Bribery Charges Against Gautam Adani Strike at Heart of Modi’s India

The U.S. indictment names Gautam Adani, one of India’s richest businessmen, but it points to an even bigger target: how business is done in India.

Business - The New York Times - 28 minutes ago

Walmart hits new highs and Target dives after earnings as rivals diverge even more

Both discounters are contending with price-conscious shoppers, but Walmart reported improving trends with discretionary merchandise.

Business - CNBC - 15 hours ago

Shares in India's Adani Group plunge 20% after US bribery, fraud indictments

One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight

World - ABC News - 2 hours ago

Adani Group companies lose $26 billion in market value after U.S. indictment

Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam Adani was involved in a $250 million bribery scheme.

Business - MarketWatch - 50 minutes ago

‘Numero Uno’: US takes aim at Gautam Adani

Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme

Business - Financial Times - 29 minutes ago

Adani Group slams 'baseless' New York fraud and bribery charges

India's Adani Group has denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani.

Business - CNBC - 3 hours ago

Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

Business - CNBC - 8 hours ago

'Fat Leonard,' Navy contractor behind bribery scheme, sentenced to 15 years

Former military defense contractor Leonard “Fat Leonard” Francis was sentenced Tuesday to 15 years in prison for masterminding a decade-long bribery scheme that swept up dozens of U.S.

Supervisor Andrew Do in Southern California Resigns and Agrees to Plead Guilty in Bribery Scheme

Federal prosecutors said that Andrew Do, an Orange County supervisor, enriched himself and his family with federal pandemic aid meant for seniors.

Top stories - The New York Times - October 23

Authorities allege million-dollar teacher certification scheme in Houston

Five people have been arrested after organizing and conducting an illegal fake teacher certification scheme that made at least $1 million in Houston, local prosecutors said on Monday. Harris ...

Politics - The Hill - October 30

Investment firm stole $658 million in a Ponzi scheme targeting conservatives and immigrants

Using celebrity endorsers like Bill O’Reilly and buying ads targeting conservatives and immigrants, a New Jersey real-estate investment company promised huge returns but stole millions.

Business - MarketWatch - November 13

'You are under digital arrest': Inside a scam looting millions from Indians

Indians are being stripped of their life savings by savvy scammers putting them under "digital arrest".

Rapper Wiz Khalifa, indicted by Romanians for smoking a joint, lists Pittsburgh house for $1.3 million

Legal woes don’t seem to have stopped the rapper from making some serious moves in the real estate market.

Business - MarketWatch - October 30

Biden Apologizes for U.S. Abuse of Indian Children, Calling It ‘a Sin on Our Soul’

From the early 1800s to the late 1960s, the federal government forced Native American children into boarding schools where they faced abuse and neglect that led in some cases to death.

Top stories - The New York Times - October 25

Michael Bloomberg’s $50 million donation to Harris campaign could be half of what the billionaire’s real estate is worth

From the Hamptons to the Bahamas, Bloomberg has amassed an incredible portfolio of lavish properties around the globe.

Business - MarketWatch - November 4

With Senate control at stake, these billionaires and groups have spent over $160 million on this one Montana race

Billionaires are keeping a close eye on Montana’s Senate race and have poured an unprecedented amount of money into the state, hoping to tilt the fight to control the Senate.

Business - MarketWatch - November 4

Here’s your $22 million chance to be neighbors with Bill Gates or Jeff Bezos, and why billionaires love this town so much

A staggering waterfront “smart home” that is located in a billionaire-loved Seattle suburb has been put on the market for $22 million

Business - MarketWatch - Yesterday

‘Rolling coal’: Dealers charged in $74 million scheme to help trucks bypass emissions controls

Prosecutors say the ring smuggled thousands of illegal devices that let diesel-truck drivers belch hundreds of times more pollution than allowed by law.

Business - MarketWatch - November 8

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