Stock & Equity Market News, Economy & Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

Bribery case: Amid Adani indictment, US expresses confidence in close ties with India | N18G

The White House, underscoring the strong ties between India and the US, expressed confidence in the handling of the crisis surrounding the bribery allegations against Gautam Adani. White House press secretary Karine Jean-Pierre acknowledged the administration is aware of the allegations. Adani is accused by US prosecutors of participating in a $250 million bribery scheme to secure favorable terms for solar power contracts. Jean-Pierre deferred the details of the case to the SEC and DOJ, reiterating the administration’s commitment to handling the situation effectively while maintaining bilateral relations.