Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
US SEC seeks India's help in Adani bribery probe
Hindustan Times Bengaluru
|February 20, 2025
The Securities and Exchange Commission (SEC) has sought the Indian government's assistance in the US market regulator's investigation of billionaire Gautam Adani, his nephew Sagar and their role in allegedly paying more than $250 million in bribes to Indian government officials between 2020 and 2024 to obtain lucrative solar-energy contracts.
BENGALURU:
The SEC told a New York district court on Tuesday that as the Adanis are based out of India, the regulator had sought help from India's law ministry to serve its complaint to the Ahmedabad-based business tycoon.
"Defendants are located in India, and the SEC's efforts to serve them there are ongoing, including through a request for assistance to the Indian authorities to effect service under the Hague Service Convention for Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters," SEC's counsel Christopher M. Colorado wrote in a letter, dated 18 January.
This story is from the February 20, 2025 edition of Hindustan Times Bengaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Hindustan Times Bengaluru
Hindustan Times Bengaluru
SKIPPER BAVUMA RETURNS FOR SOUTH AFRICA'S TWO-TEST SERIES AGAINST INDIA
Temba Bavuma ‘was on Monday namedas captain of South Africa’s squad for two World Test Championship matches in India next month having recovered from injury.
1 min
October 28, 2025
Hindustan Times Bengaluru
A Coldplay warm-up for Sophie Turner?
It seems love may be striking a new chord in the West. Game of Thrones star Sophie Turner and Coldplay frontman Chris Martin have reportedly started dating after both endured highly publicised breakups earlier this year.
1 min
October 28, 2025
Hindustan Times Bengaluru
Tanvi’s World Juniors high kindles the Saina-Sindhu successor talk
Who after Saina Nehwal and PV Sindhu? The question had hovered over Indian badminton for around a decade, with no expert able to provide an answer.
3 mins
October 28, 2025
Hindustan Times Bengaluru
Govt approves ₹5,532 cr projects under ECMS
The Union government on Monday approved the first batch of projects under the Electronics Components Manufacturing Scheme (ECMS), with seven proposals cleared involving a total investment of ₹5,532 crore, with an expected production output of ₹44,406 crore and the creation of more than 5,100 direct jobs.
2 mins
October 28, 2025
Hindustan Times Bengaluru
SC seeks states’ data on cases of ‘digital arrest’
The Supreme Court ‘on Monday sought details of cyber crimes involving “digital arrest” pending investigation before all states and union territories as it considered a larger probe by one agency, preferably the Central Bureau of Investigation (CBI), to examine all cases.
2 mins
October 28, 2025
Hindustan Times Bengaluru
Jaishankar flags energy trade constraints, unstable markets
India's growing concerns about constriction of energy trade, market access and supply chain reliability were highlighted by external affairs minister S Jaishankar at the East Asia Summit in Malaysia on Monday, against the backdrop of strains created by geopolitical disputes, tariffs and trade sanctions.
2 mins
October 28, 2025
Hindustan Times Bengaluru
Top court upholds HC order to resume MGNREGA in Bengal
The Supreme Court ‘on Monday upheld a Calcutta high court order directing the Centre to resume the employment guarantee scheme of MGNREGA in West Bengal
2 mins
October 28, 2025
Hindustan Times Bengaluru
SC SLAMS MAHA GOVT OVER POOR COMPENSATORY AFFORESTATION
The Supreme Court on Monday slammed the Maharashtra government over the compensatory afforestation carried out in lieu of trees cut in Aarey forest after an inspection of the over 20,000 saplings revealed that only 50% of trees had managed to survive.
1 min
October 28, 2025
Hindustan Times Bengaluru
Bengal transfers 527 bureaucrats ahead of SIR rollout, row erupts
In one of its largest administrative rejigs, the West Bengal government on Monday transferred 527 Indian Administrative Service (IAS) and West Bengal Civil Service (WBCS) officials ahead of the rollout of the special intensive revision (SIR) of electoral rolls in the state.
1 min
October 28, 2025
Hindustan Times Bengaluru
Cultural motifs shape parties’ electoral plans
Culture becomes poll pitch
4 mins
October 28, 2025
Listen
Translate
Change font size