Gautam Adani denies $265M bribery claims, vows resilience. Allegations spark global fallout as Adani Group faces halted investments, political clashes, and a state power deal review.
Adani Group founder Gautam Adani responded for the first time on Saturday (November 30) to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.
Speaking at the Gem & Jewellery Awards, the Indian businessman said that "every attack makes us stronger and every obstacle becomes a stepping stone for a more resilient Adani Group,"
The indictment is the second major crisis to hit Adani in just two years, sending shockwaves across India and beyond. One Indian state is reviewing a power deal with the group, France's TotalEnergies TTEF.PA decided to pause its investments, and political rows over Adani have disrupted India's parliament.
Adani Group has denied the allegations, describing them as "baseless" and vowing to seek "all possible legal recourse".
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Iranian President Masoud Pezeshkian arrived in Astana on Wednesday, 10 December, for a two-day visit aimed at expanding trade, transit, and economic t...
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
Pressure is mounting between Venezuela and the United States as both nations emphasise military preparedness and strategic positioning.
Iran and Saudi Arabia reiterated their commitment to enhance ties following a joint meeting with China in Tehran on Tuesday to follow up on implementation of the 2023 Beijing Agreement which resulted in resumption of their diplomatic relations after eight years.
Tanzania's government warned on Monday that protests scheduled for Tuesday would be illegal and amounted to an attempted coup, as security forces were heavily deployed in major cities.
Türkiye has reinforced its strategic partnership with Hungary, aiming to expand cooperation in trade, energy, defense, and innovation.
China has carried out a major test of a new “super wireless” rail convoy, a technology that could reshape the future of heavy-haul transport.
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
President of Turkmenistan Serdar Berdimuhamedow has signed the “On Virtual Assets” law, which will officially legalise cryptocurrency mining and exchange activities in the country from 1 January 2026.
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