Adani settles US bribery probe for $275M; Royal Enfield commits Rs 2,500 cr to AP plant
Adani Group closes OFAC sanctions case at $275M, removing a key overhang. Eicher Motors-owned Royal Enfield plans a Rs 2,500 crore manufacturing facility in Andhra Pradesh. Vascon Engineers secures Rs 131.58 crore contract from Reliance's Jamnagar project, while JSW Cement defers its board meeting and Veerhealth wins a repeat FMCG face-care order.
What happened
Adani Enterprises · Adani settles US OFAC sanctions case for $275M closing liabilities. Royal Enfield plans Rs 2,500 crore Andhra Pradesh plant. Vascon wins Rs
Key facts
- $275 million
- Rs 2,500 crore
- Rs 131.58 crore
- Rs 11.80 crore
- Rs 20 crore
- Rs 2.45 crore
Why this matters
The Adani settlement reopens the door for foreign partnerships and credit lines, and Royal Enfield's greenfield move plus JSW Cement's board deferral hint at active strategic repositioning across Indian industrials.