financetom
Business
financetom
/
Business
/
Indian parliament suspended again in row over U.S. accusations against Adani
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Indian parliament suspended again in row over U.S. accusations against Adani
Nov 26, 2024 11:09 PM

NEW DELHI (Reuters) -India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.

Gautam Adani, the billionaire founder of the conglomerate, his nephew Sagar Adani and six others have been charged for their alleged roles in a $265-million scheme to bribe Indian officials to win solar power supply deals in five regions.

The Adani Group has denied the charges as "baseless" and vowed to "seek all possible legal recourse".

Indian opposition parties, especially the Congress, have accused Prime Minister Narendra Modi and his Bharatiya Janata Party (BJP) of shielding Adani and blocking investigations against him in India. They deny the accusations.

Parliament proceedings were disrupted for the second day since the winter session began this week, with members shouting slogans and demanding discussion of the Adani allegations.

Congress leader Rahul Gandhi, who has been a vocal critic of Adani, said Gautam Adani should be arrested.

"The gentleman has been indicted in the United States ... and the government is protecting him," Gandhi told reporters outside parliament.

The government has made no comment on the indictment but the ruling BJP has distanced itself from the controversy.

The BJP had no reason to defend Gautam Adani, a spokesperson said on Tuesday.

"Let him defend himself," said the spokesperson, Gopal Krishna Agarwal. "We are not against industrialists. We consider them as partners in nation-building. But the law will take its own course if they do something wrong."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Campbell's top shareholder Malone dies at 75
Campbell's top shareholder Malone dies at 75
Jun 19, 2025
June 19 (Reuters) - Campbell's said on Thursday that Mary Alice Dorrance Malone, its largest shareholder and a descendant of its founder, has died at the age of 75. The company did not give a cause of death. Malone was the longest-tenured board member at the canned soup maker. She was elected to the board in 1990 and was most...
Artemis Gold Appoints Dale Andres as CEO, Effective Monday
Artemis Gold Appoints Dale Andres as CEO, Effective Monday
Jun 19, 2025
05:19 PM EDT, 06/19/2025 (MT Newswires) -- Artemis Gold ( ARGTF ) after trade Thursday said Dale Andres has been appointed chief executive officer and director, effective June 23. Andres has served as a non-executive director of the company since May, 2023, and brings over 30 years of international mining experience, the company said, adding that most recently, he was...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BRIEF-Home Depot Has Made An Offer For Building-Products Distributor GMS - WSJ
BRIEF-Home Depot Has Made An Offer For Building-Products Distributor GMS - WSJ
Jun 19, 2025
June 19 (Reuters) - * HOME DEPOT HAS MADE AN OFFER FOR BUILDING-PRODUCTS DISTRIBUTOR GMS - WSJ Source text: https://tinyurl.com/2rxh3a3c ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved