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

LAGOS LISTED AS ONE OF THE CITIES WITH WORST ROAD TRAFFIC IN THE WORLD.SEE FULL LIST BELOW.(PHOTO).


Lagos claims world record for city with worst road traffic [SEE FULL LIST]

Traffic Index has released its annual report on global traffic congestion ranking for 2023 with Lagos State emerging as the city with the worst road traffic in the world.

Traffic Index is a web-based application built on top of the traffic layer within Google Maps.

The specified layer uses 4 colors to represent traffic congestion: green, orange, red, dark-red. The darker the color is, the more congestion can bee observed in that location.

Every 20 minutes, the web app saves an image for each tracked location, containing the traffic data reported by Google Maps.

After a couple of minutes, the images are analyzed, and the percentages of the 4 traffic colors are calculated.

The Traffic Index report, which contains only cities having at least five hundred thousand inhabitants, revealed Lagos has the worst road traffic among all cities.

Riga, the capital and largest city of Latvia, came second on the list, followed by Tehran, the capital and largest city of Iran.

Mexico City in Mexico, Mumbai in India, and Krakow in Poland were ranked fourth, fifth, and sixth, respectively.

Here is a list of top 10 cities with the worst traffic in the world:

Lagos (Nigeria)
Riga (Latvia)
Tehran (Iran)
Mexico City (Mexico)
Mumbai (India)
Krakow (Poland)
Istanbul (Turkey)
Lima (Peru)
Cairo (Egypt)
Bucuresti (Romania)

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