The US Department of Justice has permanently dismissed criminal fraud charges against Gautam and Sagar Adani. This decision, following a payment without admitting guilt, is expected to boost Adani Group's shares and facilitate their expansion into the US market. Prosecutors cited a lack of evidence as the reason for withdrawing the case.

In a significant relief for Gautam Adani, the US Justice Department has withdrawn criminal charges and closed the securities and wire fraud against the billionaire businessman,…

The US Department of Justice has dismissed all criminal charges against Gautam Adani and Sagar Adani, closing the New York fraud case with prejudice.

MUMBAI: The legal cases that the Adani Group and its various top officials, including Gautam Adani, the group’s chairman, were facing in the US came to an end on Monday.