Prosecutors said they would not “devote further resources” to the case against the Indian billionaire.

The U.S. government has agreed to settle a lawsuit against Indian billionaire Gautam Adani. He and his nephew were accused of bribing officials to secure contracts for a solar…

The US Justice Department is reportedly also moving to drop fraud charges against Adani in a parallel criminal case. Read more at straitstimes.com. Read more at straitstimes.com.

US drops fraud case against Indian tycoon Adani after ‘unusual’ offer

US drops fraud case against Indian tycoon Adani after ‘unusual’ offer

Indian billionaire Gautam Adani, whose business empire also includes a growing footprint in African infrastructure, has settled a U