US SEC yet to serve legal documents to Gautam Adani, his nephew in alleged $265 million bribery case

US SEC yet to serve legal documents to Gautam Adani, his nephew in alleged 5 million bribery case

The US Securities and Exchange Commission (SEC) has filed a status update with a federal court in New York, detailing its ongoing efforts to serve legal documents to billionaire Gautam Adani and his nephew Sagar in connection with a civil securities case filed last year. In a June 27 letter submitted to Magistrate Judge James … Read more

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament

Adani indictment row: U.S. State Department declines comment on disruptions in Indian Parliament

Adani Group Chairperson Gautam Adani. File | Photo Credit: PTI The U.S. State Department refused to comment on the disruptions in the Indian Parliament over the indictment of billionaire Gautam Adani in a U.S. court on charges of bribery. “That is a law enforcement matter,” State Department Spokesperson Matthew Miller told reporters at his daily … Read more

Corruption charges: YSRCP rebuts media reports against party chief Jagan Mohan Reddy

Corruption charges: YSRCP rebuts media reports against party chief Jagan Mohan Reddy

Perni Venkataramaiah (Nani) argued that Jagan Mohan Reddy agreed to buy power at a cheaper rate than CM Naidu from the SECI. File | Photo Credit: The Hindu YSR Congress Party (YSRCP) leader Perni Venkataramaiah (Nani) has said a misinformation campaign is going on against party president and former Chief Minister Y.S. Jagan Mohan Reddy with regard … Read more