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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SWEDEN BEAT HOLDERS USA ON PENALTIES TO REACH WOMEN’S WORLD CUP QUARTER-FINALS. (PHOTO).

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Sweden Beat Holders USA On Penalties To Reach Women’s World Cup Quarter-Finals

Sweden stunned the United States 5-4 in a sudden-death penalty shootout Sunday to surge into a Women’s World Cup quarter-final against Japan and consign the defending champions to their earliest-ever exit.

The title-holders dominated the opening 90 minutes but a breakthrough proved elusive with Swedish goalkeeper Zecira Musovic making some startling saves to keep her side alive.

With the deadlock remaining after extra-time it went to penalties in Melbourne — and the tension went up another notch.

Sweden’s Nathalie Bjorn was the first to miss, skying high, only for Megan Rapinoe to do the same.

Rebecka Blomqvist’s effort was saved, again putting the USA in the driving seat, only for Sophia Smith to blast wide.

When Kelley O’Hara hit the post, it was all down to Sweden’s Lina Hurtig, who made sure — but only after VAR ruled her kick had crossed the line.

The dramatic conclusion leaves the tournament without the two top-ranked sides after Germany’s group-stage departure, with the Swedes now considered among the chief frontrunners as the world number three.

Peter Gerhardsson’s side, who are striving to better their third-place finish in 2019, next face the 2011 champions Japan.

But it was a bitter blow for the USA and an inglorious end for Rapinoe, the Golden Boot winner at the 2019 tournament. She will retire at the end of the season.

Expectations were high coming into the tournament for the four-time champions, who had made at least the semi-finals at every World Cup.

But they never looked up to the task in the group stage, with just one win, against Vietnam.

This devastating early exit will be seen as a major underachievement.

 

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