The U.S. Securities and Exchange Commission has issued a summons to Indian billionaire Gautam Adani, indicted on U.S. bribery allegations related to a bombshell federal indictment against him, a court filing showed.

One of Asia’s richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges

Andhra Pradesh CM N Chandrababu Naidu announced possessing US chargesheet reports on alleged bribery involving the YSRCP and Adani Group. The allegations claim bribes for favorable solar contracts, damaging the state's reputation.

Kenya has terminated two high-profile agreements with India’s Adani Group, intensifying scrutiny on the conglomerate, which is already reeling from allegations of bribery by US authorities.

The US Securities and Exchange Commission (SEC) has summoned Adani group founder and chairman Gautam Adani and his nephew Sagar to explain their stand on allegations of paying $265 million ( ₹2,200 crore) in bribes to get lucrative solar power contracts.

According to the reports, the summons were delivered to their respective residences in Ahmedabad - Gautam Adani's Shantivan Farm and Sagar Adani's Bodakdev home.

Gautam Adani and Sagar Adani have been summoned to respond to allegations of bribery in US. The US SEC alleges they paid bribes to secure solar energy contracts in India.

Renowned criminal lawyer, Advocate Vijay Aggarwal spoke out on the legal aspects of US prosecutors charging Gautam Adani and others in alleged Solar Energy contract bribery case, “As of now, I do not see