The U.S. State Department declined to comment on disruptions in India's Parliament caused by the indictment of billionaire Gautam Adani. Adani, alongside others including his nephew, faces charges related to a $265 million bribery scheme.

Federal prosecutors issued arrest warrants for the billionaire head of the Adani Group and his nephew Sagar, alleging they participated in a $265 million scheme to bribe Indian officials to secure power-supply deals.

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

The surge in the net worth of billionaire businessman came on a day when group companies' shares staged a sharp recover after last week's drubbing on November 21, Adani Group's market capitalisation d

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

Gautam Adani, 62, along with the seven other defendants were accused of paying about $265 million in bribes to Indian government officials.

Adani has been charged by U.S. federal prosecutors with defrauding investors for a solar energy project in India.

French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.