US reportedly set to drop bribery charges against Adani; SEC nears civil settlement

DOJ is moving to drop the November 2024 corruption case against Gautam Adani as early as this week, with SEC settling the parallel civil fraud action. Congress links the reprieve to PM Modi's Indo-US trade deal and the May 10 halt of Op Sindoor, reigniting political scrutiny of the conglomerate.

— Filed Fri, 15 May, 2026, 09:26 IST · Source The Hindu BusinessLine · Updated

US Justice Department reportedly moving to drop corruption charges against Gautam Adani as soon as this week; SEC also settling parallel civil fraud case from November 2024. Congress attacks PM Modi linking development to Indo-US trade deal.