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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MAN UTD CONFIRM RUBEN AMORIM AS NEW MANAGER. (PHOTO).

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 Man Utd confirm Ruben Amorim as new manager


Manchester United have officially announced Ruben Amorim as their new manager, subject to work visa requirements.

He will join until June 2027 with a club option of an additional year, once he has fulfilled his obligations to his current club. 

He will join Manchester United on Monday 11 November.

Ruben is one of the most exciting and highly rated young coaches in European football. Highly decorated as both a player and coach, his titles include winning the Primeira Liga twice in Portugal with Sporting CP; the first of which was the club’s first title in 19 years.

Ruud van Nistelrooy will continue to take charge of the team until Ruben joins.


Amorim is the sixth permanent manager United have appointed since Sir Alex Ferguson's 26-year reign ended with his retirement in 2013.


In a statement, the club said that "Ruben is one of the most exciting and highly rated young coaches in European football".


Sporting confirmed in a statement that United have agreed to pay 11m euros (£9.25m) to trigger a release clause in Amorim's contract.

Amorim's first fixture in charge of the Red Devils is set be on 24 November, after the international break, in the Premier League against newly promoted Ipswich.

His first home game will be against Norwegian side Bodo/Glimt in the Europa League on 28 November, with a league game against Everton the following weekend.

United will announce who will be on Amorim's coaching staff at a later date.

Amorim could bring as many as five coaches with him. Carlos Fernandes, 29, and Adélio Candido, 28, have been with Amorim since he started out as a manager with Casa Pia in 2019. Emanuel Ferro, goalkeeping coach and sports scientist Paulo Barreira are others who might also move to Old Trafford.

After losing against rivals Porto in the Portuguese Super Cup on 3 August, Amorim has guided the side he led to last season's Primeira Liga title through a 14-game unbeaten run.

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