Reported about 12 hours ago
Indian businessman Gautam Adani announced that no officials from his conglomerate face US bribery charges despite a federal indictment alleging a $250 million bribery scheme. At a recent jewelry award ceremony in Jaipur, he emphasized his company's commitment to regulatory compliance and countered claims of misconduct, attributing negativity around the charges to biased reporting and a prior short-selling attack. Adani assured stakeholders that the group would defend itself in court as it navigates the legal challenges.
Source: YAHOO