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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INDIA PASSENGER TRAIN DERAILS, OVERTURNING CARRIAGES. (PHOTO).

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 India passenger train derails, overturning carriages



A passenger train derailed Thursday in India’s northern state of Uttar Pradesh and medics were dispatched to the site, a local medical officer said, with footage of the accident showing several overturned carriages.

The Chandigarh-Dibrugarh Express derailed in Gonda district, near the Hindu holy city of Ayodhya, at around 2:30 pm (0900 GMT), Indian media reported.

Chief Medical Superintendent of Gonda District Hospital, Anil Kumar Tiwari, told AFP that a team of medics had been rushed to the accident site.

India’s railway network remains the main form of travel in the vast country, but it is poorly funded and deadly accidents often occur.

Last year nearly 300 people were killed when a passenger train collided with a stationary goods train, with the derailed compartments then striking another fast-moving passenger service. 

India’s worst-ever rail accident occurred in 1981, when a cyclone blew a train off its tracks and into a river in the state of Bihar, leaving 800 dead and more than 100 injured.

At least seven people were killed when an express passenger train and a goods train collided in June in India’s West Bengal state, derailing three passenger carriages, police said.

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