The acquisition involves an aggregate investment of Rs 1.98 crore, with Rs 99 lakh allocated for each company.

Gautam Adani faces a criminal charge of foreign bribery, independent of the three existing charges against him; and to remove and replace language describing the three charges and their potential penalties in paragraph 20) Gautam Adani,

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

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.

By Rishika Sadam and Siddhi Nayak (Reuters) -Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group's billionaire founder Gautam Adani was indicted by U.

Japan's largest banks along with some Middle Eastern banks are planning to still maintain ties with billionaire Gautam Adani despite US bribery charges