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
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IN 2016 FACEBOOK WILL LAUNCH A SATELLITE,TO EXPAND INTERNET ACCESS IN AFRICA.

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                          It was reported today that Facebook Inc said yesterday monday,it would launch a satellite in partnership with France's Eutelsat Communications to bring internet access to large parts of sub-Sahara Africa.The satellite,part of Facebook's Internet.org platform to expand internet access mainly via mobile phones,is under construction and will be launched in 2016.The satellite called AMOS-6,will cover large parts of West,East and Souththern Africa.Facebook Chief Executive Mark Zuckerberg said through a facebook post that ''To connect people living in remote region,traditional connectivity infrastructure is often difficult and inefficient,so we need to invent new technologies''.One more photo below.                                         

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