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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UN SECURITY COUNCIL PASSES RESOLUTION CALLING FOR GAZA CEASEFIRE. (PHOTO).

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 UN SECURITY COUNCIL PASSES RESOLUTION CALLING FOR GAZA CEASEFIRE.



UN Security Council has called for an immediate ceasefire in Gaza, after the US did not veto the measure in a shift from its previous position.


It also demanded the immediate and unconditional release of all hostages.


It is the first time the council has called for a ceasefire since the war began in October after several failed attempts.


The move by the US signals growing divergence between it and its ally Israel over Israel's offensive in Gaza.

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