• About us
  • Privacy Policy
  • Disclaimer
  • Contact
Friday, May 15, 2026
Pragativadi I Latest Odisha News in English I Breaking News
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Lifestyle
  • Tech
  • E-Library
  • Quiz
No Result
View All Result
Pragativadi I Latest Odisha News in English I Breaking News
No Result
View All Result

Gautam Adani Gets Major Relief? US May Drop Fraud Charges After $10 Billion Investment Push

Ananya Pattnaik by Ananya Pattnaik
May 15, 2026
in Business, National, Trending Now
Reading Time: 2 mins read
0 0
0
Gautam Adani
23
VIEWS

Indian billionaire Gautam Adani and the Adani Group could soon receive major legal relief in the United States, according to multiple international reports.


A report by Bloomberg stated that US authorities are considering dropping fraud charges against Gautam Adani and other executives linked to the group. The development comes nearly 18 months after prosecutors in New York accused the business conglomerate of involvement in an alleged bribery and fraud scheme tied to solar energy contracts in India.

The case had created significant uncertainty around the Adani Group’s global business operations and its future expansion plans in the US market. However, fresh reports suggest the matter may now be heading toward a resolution.

According to The New York Times, Adani’s legal and lobbying efforts in Washington played a key role in the recent shift. The report claimed that Robert Giuffra, one of US President Donald Trump’s personal lawyers, represented Adani during meetings with US Justice Department officials.

The discussions reportedly included a proposal from the Adani Group to invest nearly $10 billion in the American economy and create around 15,000 jobs in the United States. The investment pitch is said to have attracted the attention of senior officials reviewing the case.

The original indictment, filed in 2024 by federal prosecutors in Brooklyn, alleged that Gautam Adani, his nephew Sagar Adani, and several executives were involved in paying more than $250 million in bribes to Indian officials to secure solar energy contracts projected to generate billions in profits over two decades.

US investigators had also accused the executives of misleading investors while raising funds from American and international markets.

The Adani Group has consistently denied all allegations. Responding to the accusations last year, Gautam Adani had described the claims as “baseless” and maintained that no member of the group had been charged under the Foreign Corrupt Practices Act (FCPA).

Despite the legal battle, the conglomerate continued strengthening its presence in the US through lobbying and business outreach. Reports noted that Adani-linked firms spent heavily on legal representation and policy engagement in Washington throughout 2025.

The possible withdrawal of charges could mark a major turning point for the Adani Group, especially as it seeks to expand its renewable energy and infrastructure ambitions globally.

Tags: Adani bribery allegationsAdani fraud caseAdani Green EnergyAdani GroupAdani investmentAdani latest newsBloomberg reportDonald TrumpGautam AdaniIndian business newsNew York TimesRobert GiuffraSECUS EconomyUS Justice Department
Previous Post

No Fuel Shortage, Just Panic: Minister Patra Quells Fears, Promises Steady Supply

Next Post

Trump Agrees With Xi Jinping’s ‘Declining America’ Remark, Blames Biden for US Downfall

Ananya Pattnaik

Ananya Pattnaik

Related Posts

Bajaur army camp attack
Trending Now

Suicide Blast and Gunfire Kill 15 Pakistani Soldiers in Bajaur Army Camp

May 15, 2026
Cuttack Ganga Mandir fire
Trending Now

Massive Fire Near Ganga Mandir Destroys Goods Worth Lakhs in Cuttack

May 15, 2026
Illegal Weapons Seized
Odisha

Sambalpur Police Crack Down on Arms Trafficking, Five Arrested with Weapons

May 15, 2026
Next Post
Trump Agrees With Xi Jinping’s ‘Declining America’ Remark, Blames Biden for US Downfall

Trump Agrees With Xi Jinping’s ‘Declining America’ Remark, Blames Biden for US Downfall

Ambulance fuel shortage death

Ambulance Runs Out of Fuel, Patient Dies on Cuttack Bridge

Kaoru Mitoma

Injury Rules Out Kaoru Mitoma from Japan’s World Cup 2026 Squad

Follow Us

  • 77.3k Followers

Recommended

PM Modi Navratri wish

PM Modi Commemorates Navratri with Message of Peace, Happiness, and Renewed Energy

1 year ago
Over 400 Pouches of Toxic Liquor Seized

Over 400 Pouches of Toxic Liquor Seized in Kalahandi, Accused Absconding

5 months ago
PM modi

UAE President Sheikh Mohamed bin Zayed’s Brief Delhi Visit: Why the 3-Hour Meeting With PM Modi Matters

4 months ago
Naveen Patnaik

Renowned Bollywood actor Dalip Tahil meets former Odisha CM Naveen Patnaik

1 year ago

Instagram

Follow Now

Highlights

Injury Rules Out Kaoru Mitoma from Japan’s World Cup 2026 Squad

Ambulance Runs Out of Fuel, Patient Dies on Cuttack Bridge

Trump Agrees With Xi Jinping’s ‘Declining America’ Remark, Blames Biden for US Downfall

Gautam Adani Gets Major Relief? US May Drop Fraud Charges After $10 Billion Investment Push

No Fuel Shortage, Just Panic: Minister Patra Quells Fears, Promises Steady Supply

Eight‑Year‑Old Girl Drowns in Nabarangpur Village Pond

Trending

Bajaur army camp attack
Trending Now

Suicide Blast and Gunfire Kill 15 Pakistani Soldiers in Bajaur Army Camp

by Itishree Sethy
May 15, 2026
0

A powerful explosion followed by an armed assault killed at least 15 Pakistani soldiers at an army...

Cuttack Ganga Mandir fire

Massive Fire Near Ganga Mandir Destroys Goods Worth Lakhs in Cuttack

May 15, 2026
Illegal Weapons Seized

Sambalpur Police Crack Down on Arms Trafficking, Five Arrested with Weapons

May 15, 2026
Kaoru Mitoma

Injury Rules Out Kaoru Mitoma from Japan’s World Cup 2026 Squad

May 15, 2026
Ambulance fuel shortage death

Ambulance Runs Out of Fuel, Patient Dies on Cuttack Bridge

May 15, 2026
Facebook Twitter Youtube RSS

ABOUT US

News, as it should be covered, has been the forte of Pragativadi over the years. And this has ensured a classy readership encompassing the who’s who of the state. The people who matter in Odisha, depend on Pragativadi. For opinion leaders, decision makers and people with surplus disposable income Pragativadi is a must.

Follow us on social media:

E-Library

Chayanika

Chayanika

by Yajati Rout
December 16, 2025
0

Unmesha

Unmesha

by Yajati Rout
December 16, 2025
0

© 2025 Pragativadi

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • EPAPER
  • Odisha
  • Twin City
  • Politics
  • Crime
  • National
  • World
  • Sports
  • Entertainment
  • Business
  • Tech
  • E-Library
  • Photos
  • Quiz

© 2025 Pragativadi