US authorities are nearing a resolution for fraud charges against Indian billionaire Gautam Adani. The Justice Department may drop its case soon. The Securities and Exchange Commission is also working to settle its parallel civil fraud case. This development would significantly benefit the Adani Group, clearing the path for international capital markets and expansion.

The about-face came after Adani hired one of President Donald Trump’s former personal attorneys, according to the New York Times.

US authorities are nearing a resolution for fraud charges against Indian billionaire Gautam Adani. The Justice Department may drop its case soon. The Securities and Exchange…

Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million…

US authorities are likely to drop fraud charges against billionaire industrialist Gautam Adani and settle a parallel civil case, according to reports by Bloomberg and New York…