New York: A five-count criminal indictment was unsealed today in federal court in Brooklyn charging Gautam S. Adani, Sagar R. Adani and Vneet S. Jaain, executives of an Indian renewable-energy company (the Indian Energy Company), with conspiracies to commit securities and wire fraud and substantive securities fraud for their roles in a multi-billion-dollar scheme to obtain funds from U.S. investors and global financial institutions on the basis of false and misleading statements.  The indictmen...Read More

Gandhinagar: India's largest multi-model logistic park will come up at Virochannagar near Sanand in Ahmedabad district. A Memorandum of Understanding (MoU) was signed today in presence of Chief Minister Vijay Rupani, between the State government and leading private infrastructure company Adani Port & SEZ Ltd. MoU was signed by Additional Chief Secretary MK Das on behalf of the State government and Karan Gautam Adani on behalf of Adani Ports & SEZ Ltd. According to the details shared by the S...Read More