Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged bribery and fraud scheme. An Adani Group spokesperson said the allegations made by the U.

The billionaire chair of the Indian conglomerate and one of the world's richest people has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme.

One of Asia’s richest men, Indian tycoon Gautam Adani, is again in the spotlight. In an indictment unsealed in New York, Adani, 62, was charged with securities fraud and conspiracy to commit securities and wire fraud.

Shares of India's Adani Group companies plunged after its billionaire chair Gautam Adani was indicted in a New York federal court.

The billionaire chair of the Indian conglomerate and one of the world's richest people has been indicted in New York over his role in an alleged multibillion-dollar bribery and fraud scheme.

It acquired a 19.75% stake in Adani Green Energy in 2021. TotalEnergies has announced that it will not make any new financial contribution as part of its investments in India's Adani group until the alleged stock manipulation issue is clarified.

TotalEnergies said it will not make any new investments in companies connected to India's Adani Group after the U.S. indicted founder Gautam Adani and other executives.

TotalEnergies SE said on Monday that it will not make any new financial contribution as part of its investments into the Adani group of companies amid a U.S. federal indictment against the head of the company and his nephew.