The U.S. Justice Department is reportedly close to abandoning criminal fraud charges against Indian billionaire Gautam Adani, marking a potentially dramatic reversal in one of the most closely watched international corporate corruption cases in recent years.

Adani Ports and SEZ reported a rise in quarterly profit, supported by stronger cargo volumes and steady demand across its port network.

Indian conglomerate Adani announced plans on Tuesday to invest $100 billion to develop renewable energy-powered AI-ready data centers by 2035, aiming to build the world’s largest integrated data center platform.

India’s Adani Group plans to invest $100 billion to develop renewable energy-powered, AI-ready data centres by 2035, according to a company announcement.

Adani Power has set up a new nuclear energy-focused subsidiary, signaling private sector interest as India moves to open its traditionally state-controlled nuclear power industry.

India’s Adani Enterprises said it is in discussions with the U.S. Office of Foreign Assets following a request for information linked to earlier media allegations involving billionaire Gautam Adani.

Adani Energy Solutions has secured long-term financing from a consortium of Japanese banks led by Mitsubishi UFJ Financial Group (MUFG) and Sumitomo Mitsui Banking Corporation (SMBC) for a major renewable power transmission project in northern India.

Indian equity markets rallied sharply on Tuesday as the India–US trade deal boosted investor confidence, driving strong gains across frontline stocks and lifting overall sentiment on Dalal Street.

India’s Adani Group and Brazilian aircraft manufacturer Embraer have signed an agreement to explore building regional transport aircraft in India, marking Adani’s official entry into commercial aviation manufacturing.

Shares of India’s Adani Group companies fell sharply on Friday after the U.S. Securities and Exchange Commission (SEC) asked a court for permission to directly email summons to group founder Gautam Adani and executive Sagar Adani in connection with an alleged fraud and bribery case.