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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ERIK TEN HAG HAS BEEN SACKED BY MANCHESTER UNITED WITH IMMEDIATE EFFECT. (PHOTO).

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Erik ten Hag has been Sacked by Manchester United with immediate effect!


Ruud van Nistelrooy will replace him

As interim manager, the decision has been made.


Ten Hag’s two-and-a-half-year spell at Old Trafford ended on Monday after a poor start to the campaign.

The development comes after a series of poor results, with United sitting 14th in the Premier League table.

Ten Hag was appointed in April 2022 and led the club to two domestic trophies, winning the Carabao Cup in 2023 and the FA Cup in 2024.

The 54-year-old former Ajax boss was backed by new co-owners INEOS in the summer with a contract extension until June 2026.

However, Man Utd’s underwhelming start to the new campaign has now seen the manager pay the price for their patchy form.

More updates later. 

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