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Stock Market and Shares News, Economic and Financial News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

Stock Market and Shares News, Economic and Financial News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

Bribery case: US expresses confidence in strong ties with India amid Adani indictment | N18G

The White House, while highlighting the strong ties between India and the US, expressed confidence in resolving the crisis over bribery allegations against Gautam Adani. White House spokeswoman Karine Jean-Pierre acknowledged that the administration is aware of the allegations. U.S. prosecutors accuse Adani of participating in a $250 million bribe scheme to secure favorable terms for solar energy contracts. Jean-Pierre provided details of the case to the Securities and Exchange Commission and the Department of Justice, reaffirming the administration’s commitment to effectively resolving the situation while preserving bilateral relations.