INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).

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  Indian billionaire Gautam Adani charged in US for alleged bribery, fraud Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, whose business empire extends from ports and airports to renewable energy,has been indicted in New York over an alleged multibillion-dollar fraud scheme, United States prosecutors have said. The authorities on Wednesday charged Adani and two other executives at Adani Green Energy, his nephew Sagar Adani and Vneet Jaain, with agreeing between 2020 and 2024 to pay more than $250m in bribes to Indian government officials to obtain solar energy supply contracts expected to yield $2bn in profits. Prosecutors said the renewable energy company also raised more than $3bn in loans and bonds during this period based on false and misleading statements. Shares of Adani Enterprises, the group's flagship firm, closed down 22% on Thursday. Other group firms also closed in the red. Adani Green Energy, which is the firm at the c

PERSONAL COLLECTION OF ELSA SCHIAPARELLI TO BE AUCTIONED BY CHRISTIES.

Elsa Schiaparelli's personal collection is being auctioned                                                                Madame Elsa Schiaparelli,the legendary Italian fashion designer and a deadly rival of Coco Chanel,was at the heart of avant-garde ideas in 1930's Paris.Known for her friendship and collaborations with artistic icons including Salvador Dali,Man Ray,Christian Berard,Jean Cocteau Alberto,Diego Giacornett and Marce Vertes,Schiaparelli was a key trendsetter within the contemporary scene and now Christie's Parisian auction house is hosting a sale of some 180 items from her personal collection January 2014,a landmark sale for the international world of fashion,style and design,and one expected to fetch in the region of 710,000 pounds.The collections comes to the market in the new year having passed by descent to Elsa Schiaparelli's grand daughter,the actress Marisa Schiaparelli Berenson.More pictures below.                                                 The sale includes two elegant 20th century Hammamet robes which directly influenced her designs, £900 - 1,800A violet silk blouse, 1939, from Schiaparelli's Astrologie Collection, £23,000-27,000An unusual yellow linen blouse, with beadwork and black and white floral trim, from 1940, points to Elsa Schiaparelli's interest in porcelain, £9,000-13,000A further highlight is an intricately beaded waistcoat with 'Bucking Bronco' beadwork, inspired by Elsa Schiaparelli¿s influential 1940's trip to Texas, £9,000-11,000The collection includes portraits of the designer and her familyOne of the lots from Elsa Schiaparelli's personal collectionThe sale features a bolero jacket in ice blue crêpe, estimate: £14,000-18,000A pink wool bolero, with jet bead trim, also from 1940, estimate: £11,000-14,000Elsa SchiaparelliA chic, lilac-upholstered 'love-seat' is estimated to go for £540-710

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