The U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani, an Indian billionaire, two sources familiar with the matter told Reuters.
Adani on Thursday also resolved a related civil fraud lawsuit brought by the Securities and Exchange Commission over an alleged scheme to bribe Indian government officials.
Here are details of Adani Group's businesses:
Energy
Mines thermal coal and produces power through its utilities firm Adani Power, which is transmitted via Adani Energy Solutions.
