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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IBA GENDER TESTS ON TWO OLYMPIC BOXERS FLAWED AND ILLEGITIMATE, SAYS IOC. (PHOTO).

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 IBA gender tests on two Olympic boxers flawed and illegitimate, says IOC

The International Olympic Committee stands with the two Olympic boxers in gender test debate, cites flawed IBA testing..


The gender tests conducted by the International Boxing Association (IBA) on two female fighters at last year’s world championships that led to their disqualification were illegitimate and lacked credibility, the International Olympic Committee (IOC) said..


Algerian boxer Imane Khelif and Taiwan’s double world champion Lin Yu-ting were cleared to compete at the Paris Olympics despite having been disqualified during the 2023 World Championships after the IBA said they had failed a gender eligibility test..

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