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Rahul Gandhi brands Modi compromised as US Adani charges near drop over alleged deal

Rahul Gandhi brands Modi compromised as US Adani charges near drop over alleged deal

Rahul Gandhi intensified his attack on Prime Minister Narendra Modi, accusing him of “bargaining” for Gautam Adani’s relief in the US instead of delivering an India-US trade deal. The comments come after Reuters and other reports said the US Justice Department is close to dropping criminal fraud charges against Adani, amid his pledged $10 billion US investment. Separately, Bloomberg reported an SEC settlement: Adani and his nephew would pay $18 million, pending court approval.

Summarised by Beize from a story on The Economic Times on 15 May 2026
US Justice Department reportedly weighs dropping bribery case against Gautam Adani after jurisdiction fight

US Justice Department reportedly weighs dropping bribery case against Gautam Adani after jurisdiction fight

A New York Times report says the US Justice Department is considering dropping bribery charges against Gautam Adani and others, after Adani’s lawyers pushed back on US jurisdiction and evidence. The US SEC previously alleged an alleged $250 million-plus bribery scheme from 2020 to 2024 tied to solar contracts in India. The report also links the shift to a new legal team led by Robert J Giuffra Jr., who reportedly met DOJ officials and argued prosecutors lacked grounds to proceed.

Summarised by Beize from a story on Republic on 15 May 2026

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US may drop fraud charges against Gautam Adani as SEC settlement talks move toward resolution

US may drop fraud charges against Gautam Adani as SEC settlement talks move toward resolution

US authorities are reportedly nearing a resolution to fraud matters involving Asia’s richest person Gautam Adani. The US Justice Department could announce as early as this week that it is dropping criminal fraud charges that have hovered over Adani for more than a year, sources said. Separately, the Securities and Exchange Commission is working to settle a parallel civil fraud case filed in November 2024, likely involving a monetary penalty. Ending both cases could clear the way for Adani’s return to international capital markets and faster expansion.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Gautam Adani pledges 200 billion to build India sovereign AI and energy independence

Gautam Adani pledges 200 billion to build India sovereign AI and energy independence

Gautam Adani unveiled a $200 billion roadmap aimed at securing India’s energy and digital sovereignty, arguing that national power now rests on controlling both “energy and compute.” Speaking at the CII Annual Business Summit 2026, Adani said the plan includes $100 billion for the energy transition and $100 billion for data center infrastructure, to reduce dependence and strengthen AI readiness.

Summarised by Beize from a story on Republic on 11 May 2026
Gautam Adani demands India builds and owns AI infrastructure instead of renting it

Gautam Adani demands India builds and owns AI infrastructure instead of renting it

Gautam Adani has urged India to build, power, and own its own AI infrastructure on home soil, arguing the country should not “rent” its intelligence future. He links AI ambitions to energy and digital capacity, saying India’s scale is a powerful advantage. Adani Group, he notes, is already investing in energy transition and digital infrastructure.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Adani becomes Asia’s richest overtaking Ambani after a dramatic stock surge comeback

Adani becomes Asia’s richest overtaking Ambani after a dramatic stock surge comeback

Gautam Adani has overtaken Mukesh Ambani to become Asia’s wealthiest individual, with a reported net worth of $92.6 billion as of April 16. The jump follows a surge in Adani Group share prices that helped reverse earlier setbacks. Adani is now ranked 19th on the Bloomberg Billionaires Index, marking a major turnaround.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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