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

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…