U.S. authorities may move to drop criminal fraud charges against Indian billionaire Gautam Adani, according to a Bloomberg report cited by Reuters on Thursday, May 14, 2026. Reuters reported that the U.S. Justice Department could announce a decision as early as this week, but said it could not independently verify the report. No formal court filing confirming dismissal was immediately available. What the Gautam Adani Case Is About The case trac

Prime Minister Narendra Modi inaugurated the 594-km-long Ganga Expressway on April 29, 2026, marking a major milestone in India’s infrastructure development. Uttar Pradesh Chief Minister Yogi Adityanath was also present at the event, which highlighted the state’s push toward becoming an infrastructure-driven economic hub. Built at an estimated cost of ₹36,230 crore, the Ganga Expressway is the longest expressway in Uttar Pradesh and one of the country’s largest greenfield ro

Gautam Adani has overtaken Mukesh Ambani to become Asia’s richest individual, according to the latest Bloomberg Billionaires Index. Adani’s net worth has risen to $92.6 billion, placing him 19th globally, while Ambani now stands at $90.8 billion, ranking 20th worldwide. The shift reflects the dynamic nature of global wealth rankings, where even small market movements can alter positions at

The story of New York City’s newly elected mayor, Zohran Mamdani, stretches far beyond the political landscape of the United States. His name itself carries the echoes of centuries-old migration, commerce, and cultural exchange across the Indian Ocean, linking him symbolically to the mercantile traditions of Gujarat that also gave rise to business dynasties like the Ambanis and Adanis. Mamdani, who will soon become the first Muslim and Indian-origin mayor of America’s largest ci

Mukesh Ambani has once again secured the top spot on the Hurun India Rich List 2025, reaffirming his position as the wealthiest Indian with a net worth of Rs 9.55 lakh crore. The report, released as the 14th edition of the M3M Hurun India Rich List, also saw Bollywood megastar Shah Rukh Khan make history by entering the billionaire club for the first time with a personal fortune of Rs 12,490 crore. This milestone marks a rare crossover of fame and fortune, cem

At the East Coast Maritime & Logistics Summit, Andhra Pradesh Chief Minister Nara Chandrababu Naidu outlined an ambitious plan to turn the state’s coastline into a vibrant logistics and trade hub. The summit, held to strategize the development of the state’s coastal infrastructure, highlighted key initiatives that would enhance Andhra Pradesh’s position as a major player in global trade, shipping, and logistics.

As the highly anticipated Asia Cup 2025 approaches, speculation has intensified over the inclusion of Shubman Gill in India’s squad. Despite his stellar performance in the recently concluded England Test series, reports suggest that the in-form batter might not make the cut for the upcoming tournament. Set to begin on September 9, 2025, the Asia Cup will be held in the United Arab Emirates (UAE), where India is expected to field a team with significant e

The United States Securities and Exchange Commission is facing delays in serving summons to Gautam Adani, Sagar Adani, and other defendants in a high-profile bribery and fraud case. In a status report filed in the Eastern District Court on August 11, the SEC stated that it had sought assistance from Indian authorities under the Hague Service Convention, but those authorities have not yet carried out the service. The summons is linked to a case filed on November

Global financial markets came under pressure on Friday as Iran launched hundreds of missiles toward Israel in retaliation for earlier airstrikes on its nuclear and military facilities. The geopolitical escalation sparked fears of a wider Middle East conflict, leading to a steep sell-off on Wall Street and sharp gains in oil and gold. The S&P 500 fell 1.1%, while crude oil futures jumped 7.5%, their largest single-day gain in over two years. The VIX fear g

Following India’s disappointing 3-1 series loss in the Border-Gavaskar Trophy against Australia, the Indian cricket team finds itself embroiled in a fresh controversy off the field. Multiple post-series leaks have surfaced from the dressing room, revealing internal conflicts, coaching grievances, and alleged power struggles within the setup. In a swift response to this growing unrest, the Board of Control for Cricket in India (BCCI) is reportedly preparing to take decisive action, with

In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

India’s wealthiest individuals faced a massive financial hit in Monday’s stock market crash, which saw billions of dollars wiped off global markets. Along with retail investors and institutional players, some of the country’s most prominent business leaders—Mukesh Ambani, Gautam Adani, Savitri Jindal & family, and Shiv Nadar—collectively lost over $10 billion in personal wealth. The losses were reported based on Forbes’ real-time billionaire tracker, which

Following India's Champions Trophy 2025 victory, Indian cricket head coach Gautam Gambhir is preparing for a fresh assignment as he gears up to join the India 'A' team ahead of the senior side's tour of England in June. According to reports, Gambhir will become the first-ever Team India head coach to accompany the India 'A' side for an overseas tour, breaking away from the conventional coaching trend. In recent years, the Board of Control for Cricket in India (BCCI) ha

In a significant financial setback for India’s wealthiest individuals, seven prominent billionaires, including Mukesh Ambani, Gautam Adani, Shiv Nadar, Azim Premji, Shapoor Mistry, and others, have collectively lost a staggering $34 billion in 2025 following a sharp stock market selloff. According to the Bloomberg Billionaire Index, this loss comes amid growing volatility in global financial markets.   Gautam Adani: The Biggest Loser Ga

India’s emphatic 4-1 series win over England was a testament to their aggressive, fearless brand of cricket, with head coach Gautam Gambhir praising his players for adopting a high-risk, high-reward approach. Gambhir emphasized the team's intention to regularly post 250-plus scores in T20Is, recognizing that such an aggressive strategy would occasionally lead to lower totals but ultimately set them up for greater rewards in the long run. India’s mindset to keep attacking, rega

Adani Group has issued a statement refuting claims that its 484 MW wind power projects in Sri Lanka, located in Mannar and Pooneryn, have been cancelled. The company clarified that the recent decision by the Sri Lankan Cabinet to reevaluate the tariff approved in May 2024 is part of a routine review process, especially with the new administration in place. The reevaluation aims to align the terms with the country’s evolving energy policies. The company emphasized its commitmen

Gautam Adani’s Address to Students On Monday, Gautam Adani, the chairman of the Adani Group, addressed the students of Adani International School in Ahmedabad. During his speech, Adani shared three core principles for the students: "dream relentlessly, learn relentlessly, and build relentlessly," encouraging them to aim high and remain determined in their endeavor

Manoj Tiwary, former Indian cricketer, has criticized the selection of Gautam Gambhir as the head coach of the Indian national cricket team, stating that Gambhir is more suited for mentoring IPL teams rather than leading the national side. Tiwary cited several poor performances, including India's recent losses in Sri Lanka, New Zealand, and the Border-Gavaskar Trophy, to support his argument that Gambhir’s appointment was a mistake. He believes that Gambhir lacks the necessary coach

Andhra Pradesh Chief Minister N Chandrababu Naidu clarified that no action would be taken against Adani Green Energy Limited (AGEL) concerning allegations of bribery until concrete proof is provided. Speaking at the Telugu Desam Party (TDP) headquarters in Mangalagiri, Naidu emphasized the need for more evidence, especially as the case is still under investigation in the United States. He noted that the state government cannot act based on mere allegations and will await the outcome of the le

In a recent conversation with IANS, Gautam Adani, the chairman of the Adani Group, shared his thoughts on the ongoing work-life balance debate, emphasizing the importance of personal happiness and choice. He argued that work-life balance is subjective, highlighting that what works for one person may not work for another. For some, spending time with family for a few hours may bring joy, while others might find fulfillment in longer hours. Adani stressed that the essence of work-life