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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ISRAEL LAUNCHES AIR STRIKES ON IRAN. (PHOTO).

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 Israel Launches Air Strikes On Iran


Israel announced the launch of “precise strikes” on military targets in Iran on Saturday in retaliation for Iranian missile attacks, as an AFP journalist in Tehran reported hearing several explosions.


“In response to months of continuous attacks from the regime in Iran against the State of Israel –- right now the Israel Defense Forces (Israeli military) is conducting precise strikes on military targets in Iran,” the military said in a statement.


Israel had vowed to hit back at Iran following its October 1 missile attack, with Defence Minister Yoav Gallant saying the response would be “deadly, precise and surprising”.


Israel has been fighting Iran-backed Hamas in Gaza since the deadliest attack in its history on October 7, 2023, which killed 1,206 people, mostly civilians, according to an AFP tally of official Israeli figures.


It has since broadened the scope of its operations to Lebanon, vowing to secure its northern border after nearly a year of attacks launched by Iran-backed Hezbollah in support of Hamas.


“Our defensive and offensive capabilities are fully mobilised,” the Israeli military said in a statement.


Military spokesman Daniel Hagari in a separate statement urged people to be “alert and vigilant”.

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