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.

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.

India’s Adani Group plans to aggressively expand its airport business, with billionaire Gautam Adani’s conglomerate set to bid for 11 government-owned airports as part of an $11 billion airport infrastructure expansion, a senior executive said.

Indian billionaire Gautam Adani has been charged with fraud in the United States, accused of orchestrating a $250 million (£198 million) bribery scheme to raise funds in the country.