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.

— Source publishedFri, 15 May, 2026, 09:16 IST·First seen Fri, 15 May, 2026, 09:25 IST·Source The Hindu BusinessLine

What happened

Adani Group · US Justice Department reportedly moving to drop corruption charges against Gautam Adani as soon as this week; SEC also settling parallel civil

Key facts

  • May 10 2025
  • November 2024

Why this matters

Window reopens for US-listed JV structures, ADR financings, and Western infrastructure tie-ups, but diligence cycles will lengthen as counsel stress-tests the settlement's finality.