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Business News Today: Latest Business News, Finance News

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US judge seeks explanation for dropping charges against G...
Reuters · 2026-06-27 · via Business News Today: Latest Business News, Finance News
SENSEX   77,100.47

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NIFTY   24,056.00

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CRUDEOIL   6,550.00

 -240.00

GOLD   144,587.00

+ 1,460.00

SILVER   223,271.00

+ 3,599.00

SENSEX   77,100.47

+ 109.25

NIFTY   24,056.00

+ 34.35

NIFTY   24,056.00

+ 34.35

CRUDEOIL   6,550.00

 -240.00

CRUDEOIL   6,550.00

 -240.00

GOLD   144,587.00

+ 1,460.00

US judge asks Justice Department to justify dropping charges against Gautam Adani

The Justice Department said last month it would no longer pursue the prosecution, prompting Adani’s lawyers to seek formal dismissal of the case

Updated - June 27, 2026 at 05:52 AM.

| NEW YORK

Adani was charged in 2024 over allegations that he agreed to bribe Indian officials to secure approval for a solar power project and misled US investors. Adani Group has repeatedly denied wrongdoing.

Adani was charged in 2024 over allegations that he agreed to bribe Indian officials to secure approval for a solar power project and misled US investors. Adani Group has repeatedly denied wrongdoing.

A U.S. ‌judge on Friday ordered the ​Justice Department ⁠to justify its decision to drop criminal charges against ‌Indian billionaire Gautam Adani, declining to rule ‌immediately on ‌Adani's ⁠lawyers' request earlier ⁠in the week to formally dismiss the case.

Adani was charged ​in ‌2024 with agreeing to bribe Indian government officials so a subsidiary of ‌his Adani Group ​could win approval to develop a solar ⁠plant, and then misleading U.S. investors by ‌providing reassuring information about his company's anti-corruption practices.

Adani Group has consistently denied wrongdoing. The Justice Department said last ‌month it would no ​longer pursue the prosecution. Adani's lawyers on ⁠Wednesday asked Brooklyn-based U.S. District ⁠Judge Nicholas Garaufis to formally dismiss ‌the case.

Published on June 27, 2026

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