The U.S. Department of Justice announced Monday that it will drop criminal fraud charges against billionaire Indian businessman Gautam Adani.

The move comes days after the billionaire settled a civil fraud case filed by the US securities regulator.

Adani's company also on Tuesday agreed to pay $275 million to settle separate charges tied to allegedly "egregious" violations of U.S. sanctions against Iran.

The US Department of Justice has permanently dropped all criminal charges against Gautam Adani and Sagar Adani in a New York ...

US authorities have dropped criminal fraud charges against Gautam Adani. This follows a $275 million settlement for a probe into sanctions violations. Adani had promised a $10 billion investment in ...

The reversal came after Gautam Adani hired a new legal team led by Robert J Giuffra Jr., one of President Donald Trump’s personal lawyers and the co-chairman of the prominent firm Sullivan & Cromwell, ...

The U.S. Justice Department is close ​to dropping criminal fraud charges against Gautam Adani, an Indian billionaire who has promised to invest $10 billion in the U.S. economy, according to two ...

The move to drop the charges comes after the US Securities and Exchange Commission said it was settling a related lawsuit against Gautam Adani. | India News ...

Adani Group stocks rose 1% to 3.5% on May 19 after the Trump administration sought to dismiss criminal fraud charges against Gautam Adani, alleviating legal concerns. Adani Green Energy surged 3.5%, ...

Indian billionaire Gautam Adani has regained the title of Asia's richest person after a surge in the shares of his group ...

Prosecutors have asked a judge to dismiss charges against India's Gautam Adani despite allegations he orchestrated a massive corruption scheme tied to solar energy contracts.

The US Department of Justice (DOJ) has permanently dropped all criminal charges against Indian billionaire Gautam Adani and ...