INDIAN BILLIONAIRE GAUTAM ADANI CHARGED IN U. S. FOR ALLEGED BRIBERY, FRAUD. (PHOTO).
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
According to sources,Australians working in Britain may not be able to stay there indefinitely if they are on a lower income,under new rules due to kick in this year.The changes,which take effect from April will mean non-European workers will have to earn at least £35,000 {$72,000} a year to be allowed to settle in the UK for longer than six years.The visa move,which was first flagged in 2012,will apply to those outside the European Economic zone in a bid to break the link between working and staying permanently in Britain.It follows David Cameron government push to reduce migration numbers,with estimates the numbers of non-European skilled workers settling in Britain each year would drop from 60,000 to 20,000 under the change.Along with Indians and Americans,Australians make up the top nationalities given work visas in Britain.About 17,250 of the visas were given to Australians in 2014,but more than 12,300 of these went Australians under 30,who are on the two year youth mobility scheme.Today wednesday,a spokeswoman for Australia's Department of Foreign Affairs and Trade said Australia had made representations to the British government on the changes to its migration system.This included making a submission to a review into the visa changes in September last year.''The Australian submission noted that further restricting the Tier 2 visa {which involves the £35,000 rule} had the potential to advrsely affect the commercial interests of both countries,businesses and investors and consequently the economic interests both Australia and the UK,and could impact on people to people links''.The visa change is also generating opposition in Britain,amid concerns that it will force skilled graduates,teachers,health and charity workers to the leave the country.A petition against the change,lodged with the British Parliament,has so far generated more than 70,000 signatures.''This ridiculous measure is only going to affect 40,000 people who have already been living and working in the UK for 5 years,contributing to our culture and economy.It will drive more workers from the NHS {National Health Service} and people from their families.This empty gesture will barely affect the immigration statistics.IT's a waste of time,money and lives''.If the petition reaches 100,000 signatures,it is likely it will be debated by the Parliament.One more photo below. 
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