The Adani Group has refuted the alleged bribery allegations made by the US Department of Justice and the US Securities and Exchange Commission against Group's founder and Chairman Gautam Adani, his nephew Sagar Adani, and Adani Green Energy MD CEO Vineet Jaain in a filing with the stock exchanges.

Adani Green denies US anti-corruption law violation by Gautam and Sagar Adani

The founder of a vast ports-to-power business conglomerate and India's second-wealthiest man, Gautam Adani, is currently facing serious charges of bribery and securities fraud in two separate investigations brought by US authorities.

Gautam Adani's global ambitions at risk after bribery case 

India's major equity indexes plummet on Thursday following the indictment of the Adani group's chairman, Gautam Adani, by US authorities for his involvement in a $265 million bribery conspiracy.

Markets react: Adani Group loses over $22 bn as Indian equities turn red

Gautam Adani Charged By US Over Alleged $250 Million Bribe Plot

U.S. Attorney's office has charged Indian billionaire Gautam Adani with allegedly conspiring to bribe Indian government officials with over $250 million to award solar energy contracts. On Wednesday, prosecutors from Brooklyn, New York, said that Adani and the other defendants had solicited funds from American investors by spreading false information about the scheme.

Prosecutors in the United States (US) said on Wednesday (Nov 20) that Indian industrialist Gautam Adani was indicted in New York over his role in an alleged multi-million dollar bribery and fraud scheme.

Adani bribery case | He should be arrested: Rahul Gandhi, other Indian leaders react