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

ISRAELI STRIKES HIT LEBANON AS MEDIATORS PUSH GAZA TRUCE. (PHOTO).

 


Israeli strikes hit Lebanon as mediators push Gaza truce


Israeli airstrikes targeted Lebanon and Gaza on Saturday, resulting in significant casualties, as U.S. Secretary of State Antony Blinken returned to Israel in an effort to finalize a Gaza truce agreement. Diplomats believe that reaching such an agreement could prevent a broader regional conflict.


In Lebanon, an Israeli airstrike in the southern region claimed the lives of 10 people, including a Syrian woman and her two children, according to a statement from Lebanon’s health ministry. The ministry described the strike as one of the deadliest in southern Lebanon since the near-daily clashes between Israel and Hezbollah began following the outbreak of the Gaza conflict in October.


Israel’s military confirmed the strike, stating that it targeted a Hezbollah weapons storage facility in southern Lebanon. A spokesperson for the Israeli Defense Forces said, “We carried out an operation against a Hezbollah weapons depot in response to ongoing threats from the group.” The escalating violence has intensified concerns about a potential wider regional escalation.

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