The US Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, concluding a high-profile securities and wire fraud case in New York after prosecutors determined they could not sustain the allegations.
The U.S. Department of Justice has permanently dropped all criminal charges against Indian tycoon Gautam Adani and his nephew Sagar, bringing a high-profile securities and wire fraud case in New York to a close after prosecutors concluded they could not sustain the allegations.
A New York Times report on Thursday (local time) has claimed that the US Justice Department is contemplating dropping charges against industrialist and Adani Group chairman Gautam Adani.
Gautam Adani and Sagar Adani are seeking the dismissal of a US Securities and Exchange Commission (SEC) securities fraud lawsuit, arguing that the case represents an impermissible extraterritorial application of US law and fails for lack of personal jurisdiction.
The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case.
A US judge has granted Gautam Adani's request for a hearing to dismiss a US Securities and Exchange Commission (SEC) fraud case, with Adani's legal team arguing the case lacks jurisdiction and credible evidence.
Gautam Adani and his nephew Sagar Adani are contesting a US securities fraud lawsuit, arguing lack of jurisdiction and failure to establish wrongdoing in a 2021 bond sale.
By all available indications, the White House drafted a face-saving note and handed it, ready-made, to Islamabad. Pakistani Prime Minister Shehbaz Sharif was supposed to then post it in the guise of a plea urging Trump to extend the deadline by two weeks 'to allow diplomacy to run its course'. Trump would then graciously accept Pakistan's 'request' and declare a ceasefire. Sharif dutifully posted the message on X. Except that he, or whoever was handling the account, forgot to delete the tell-tale first line visible in the edit history: 'Draft - Pakistan's PM Message on X'. Prem Panicker's must read blog on the Iran War.
iPhone maker tells Delhi HC the antitrust watchdog has no jurisdiction to consider its global turnover.
US prosecutors' case against Gautam Adani and others may stumble on the extraterritorial application of American law.
'If the criminal or civil charges are deemed unworthy or defective, Trump's new justice department and SEC can withdraw the criminal and civil cases.'
If Hindenburg or its partner do not join the investigation, then Sebi may pass an ex-parte order against it, which may be enforced as a foreign award in US courts.
Even though the NIA claims that more than 90 per cent of cases charge-sheeted have ended in conviction, the figure is likely misleading. To date, very few cases investigated by the NIA have resulted in a completed trial, points out former CBI joint director Navneet Rajan Wasan.
The Delhi high court on Thursday asked Congress leader Rahul Gandhi to take down his social media post which revealed the identity of a minor Dalit girl, raped and murdered in 2021, so that the child's identity is protected worldwide.
Darya Dolidovich and her family are now in Poland, where she hopes to continue training
A federal appeals court has dismissed a 1984 Sikh riots violation case filed against the Congress by a rights group, saying that the case does not sufficiently "touch and concern" the United States.
Fifty-nine-year-old Khashoggi, a dissident Saudi journalist who lived in the US as a legal permanent resident and wrote for the Washington Post, was critical of the prince's policies and was killed in the Saudi Arabian Consulate in the Turkish city on October 2, 2018.
Gokhale has said that China used its "close connections" with the Left parties in India to "build domestic opposition" to the Indo-US nuclear deal.
There is "strong evidence" that top members of Pakistan's military, government and intelligence service gave their "active consent and approval" to CIA drone strikes in the country's lawless tribal areas between June 2004 and June 2008, according to a UN report.
Russia made clear on Thursday that FIFA's chief investigator Michael Garcia is barred from entering the country because he is one of the Americans blacklisted in a bitter dispute with the United States over human rights.
'India is not the India of 1962. We are not carrying that baggage of history anymore.'
A Swiss national who has run soccer's powerful governing body for the past 17 years, 79-year-old FIFA boss Sepp Blatter has now for the first time become the focus of a criminal investigation.
