October 14, 2026
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A U.S. judge has dismissed criminal fraud and bribery charges against Indian billionaire Gautam Adani, after the U.S. Justice Department moved to abandon the high-profile case. Brooklyn-based Judge Nicholas Garaufis approved the dismissal but expressed concern over how prosecutors reached the decision, saying the process involved significant irregularities. Adani had been Continue Reading
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Google’s planned $15 billion data centre project in Visakhapatnam, Andhra Pradesh, is facing growing environmental opposition over concerns about water availability and its proximity to the Kambalakonda Wildlife Sanctuary. Activists argue that the massive project could strain the city’s already limited water resources and negatively impact local wildlife, despite ongoing Continue Reading
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Microsoft has inaugurated its largest data center hub in India in Hyderabad, marking a significant step in strengthening its cloud and artificial intelligence (AI) infrastructure in the country. The new India South Central region becomes Microsoft’s fourth cloud region in India, joining existing facilities in Pune, Chennai, and Mumbai. The company has already secured Continue Reading
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Adani Enterprises reported a consolidated net loss of ₹11.60 billion for the quarter ended June 30, mainly due to a one-time ₹26.44 billion charge linked to a settlement with the U.S. Treasury’s Office of Foreign Assets Control (OFAC) over an investigation involving the shipping of Iranian gas. This marks the company’s second consecutive quarterly loss. […]Continue Reading
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An Indian government investigation has found that duty-free shops at Mumbai’s international airport, operated by an Adani Group-led joint venture, sold nicotine pouches without the required regulatory approvals, which authorities say violates the law. Officials have classified nicotine pouches as a drug under the Drugs and Cosmetics Act and ordered the retailer to stop Continue Reading
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India’s Adani Enterprises has increased the size of its qualified institutional placement by 50% to 150 billion rupees ($1.75 billion) after receiving strong investor demand. The issue was oversubscribed nearly 3.8 times, with bids worth around 380 billion rupees, according to sources. The placement is part of the flagship firm’s broader expansion push under the […]Continue Reading

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