Armenia, India deepen military cooperation
Armenian and Indian top defence officials have explored opportunities to step up military cooperation between the two nations.
Last week U.S. authorities accused Adani, his nephew and executive director Sagar Adani and managing director of Adani Green (ADNA.NS), opens new tab, Vneet S. Jaain, of being part of a scheme to pay bribes of $265 million to secure Indian power supply contracts and misleading U.S. investors.
The ports-to-power conglomerate denied the charges as "baseless" and vowed to seek "all possible legal recourse".
India's opposition, especially the Congress party, accuse Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) of shielding Adani and blocking investigations against him in India, accusations that have been denied.
Parliament proceedings were disrupted for the second day since the winter session began this week, with MPs shouting slogans and demanding discussion of the Adani allegations.
Congress leader Rahul Gandhi, who has been a vocal critic of Adani, said Gautam Adani should be arrested.
"The gentleman has been indicted in the United States ... and the government is protecting him," Gandhi told reporters outside parliament.
The government has made no comment on the indictment but the ruling BJP has distanced itself from the controversy.
The BJP had no reason to defend Gautam Adani, a spokesperson said, adding that the party was not against industrialists, but rather considered them partners in nation-building efforts.
"Let him defend himself," the spokesperson, Gopal Krishna Agarwal said on Tuesday, adding that the law would take its own course in case of wrong-doing.
On Wednesday, Adani Green, the company at the center of the indictment, said Gautam Adani had been charged in the United States for alleged violations of securities law and faced potential fines but had not been charged under the U.S. Foreign Corrupt Practices Act.
In a stock exchange filing, Adani Green said a complaint by U.S. regulator the Securities and Exchange Commission (SEC) sought "an order directing the defendants to pay civil monetary penalties (but) it does not quantify the amount of penalty".
The civil action launched by the SEC runs in parallel to U.S. federal prosecutors' indictment against Adani and others.
STOCK REBOUND
Shares of 10 listed Adani Group firms recovered about $9 billion in market value on Wednesday, after having shed up to $34 billion since the indictments, up to Tuesday's close.
Adani Green, the hardest hit by the accusations, jumped 9%, but is still down some $8 billion in value.
The indictments are seen as the biggest setback for Gautam Adani, 62, and his conglomerate.
French oil major TotalEnergies (TTEF.PA), opens new tab, which has a 20% stake in Adani Green, has said it will not make any more investments in the group, adding that it was not informed of the U.S. bribery allegations against Gautam Adani.
Kenya has also cancelled a procurement process of more than $2 billion that had been expected to give control of its main airport to the Adani Group.
The iconic Dubai Fountain will close for five months starting in May for a major upgrade, enhancing its technology, choreography, and sound system. Visitors can expect a more spectacular show when it returns in October.
Apple is reportedly working on a version of AirPods Pro with integrated cameras, set to launch as early as 2027, according to Bloomberg’s Mark Gurman. While the cameras won’t be featured in the upcoming AirPods Pro 3, the new tech aims to enhance AI-driven features and spatial audio integration.
Public sector strikes are causing major disruptions across Germany, including halted public transport in Frankfurt, as workers demand higher pay and better conditions.
Elon Musk has called for the shutdown of Radio Free Europe/Radio Liberty (RFE/RL) and Voice of America (VOA), arguing that the U.S.-funded media outlets serve as government propaganda tools and waste taxpayer money.
Oxford researchers unveil a scalable quantum supercomputer capable of quantum teleportation, paving the way for next-gen tech with enhanced security and computational power.
The European Union has called an emergency meeting in Munich to assess its relationship with the Trump administration, following the former president’s call with Vladimir Putin and growing uncertainty over Washington’s Ukraine policy.
The National Transportation Safety Board is investigating whether "bad data" contributed to the fatal collision between an Army Black Hawk helicopter and a passenger jet near Washington, D.C., last month, NTSB chair Jennifer Homendy said.
Vance also compared European leaders to Cold War tyrants during his speech.
Hamas announced the release of three hostages on Saturday under a ceasefire deal with Israel.
Beit Lahiya is facing water crisis following the collapse of its water system due.
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