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The Economic Times

Global Business / The Economic Times

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Gautam Adani, nephew Sagar agree to pay $18 million total over US fraud Case

Gautam Adani and his nephew Sagar will pay $18 million to settle US Securities and Exchange Commission charges. The Adani Group faces allegations of false statements regarding Adani Green Energy Ltd. This settlement could pave the way for the conglomerate's return to international markets. The Justice Department is also moving to drop fraud charges against Gautam Adani.

15 May 2026 6:21 am