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SENSEX   77,094.95

 -483.43

NIFTY   23,334.70

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CRUDEOIL   5,872.00

+ 44.00

GOLD   76,421.00

+ 387.00

SILVER   90,823.00

+ 734.00

SENSEX   77,094.95

 -483.43

NIFTY   23,334.70

 -183.80

NIFTY   23,334.70

 -183.80

CRUDEOIL   5,872.00

+ 44.00

CRUDEOIL   5,872.00

+ 44.00

GOLD   76,421.00

+ 387.00

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Gautam Adani

Adani, 7 others indicted by US for alleged $250 million bribery case involving Adani Green and Azure Power

The allegations on Adani state that $250 million was paid to Indian officials as bribes to secure lucrative solar energy contracts and the defrauding
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“Snake”, “ Big man” “ Numero Uno minus one” code names used in Adani Bribery case

While communicating with each other they referred Gautam Adani as “SAG,” “Mr A,” “Numero uno” and “the big man,” and referred to Jaain as “V,” “snake”
FILE PHOTO: High energy prices contemplated in the LOAs made it difficult for SECI to find Indian State buyers of energy. SECI unsuccessfully sought out Indian state and union governments to purchase the 12 gigawatts of solar power. Without PSAs to sell the energy to a State buyer, SECI would not enter into corresponding PPAs to purchase power from Adani group entities.
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What is the Adani bribery case?

FILE PHOTO: FILE PHOTO: The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File Photo/File Photo
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