NEW DELHI (Reuters) -India's Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the U.S. indictment of the group's billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.

The review takes place amid allegations against Gautam Adani in the United States, where he has been accused of bribing Indian government officials to secure “lucrative solar energy supply contracts.”

The Andhra Pradesh government is digging into the internal files of the previous YSR administration for information related to the alleged Adani ’bribery’ case. (Bloomberg) The Andhra Pradesh state government is reviewing official files and will ...

The prospect of a ceasefire agreement between Israel and Lebanon's Hezbollah without a similar deal with Hamas in Gaza has left Palestinians feeling abandoned and fearful that Israel will focus squarely on its onslaught in the enclave.

Andhra Pradesh is examining past deals with Adani due to claims of unethical practices. The government aims to ensure the welfare of its people and economic stability, investigating both the agreements and allegations against the former Jaganmohan Reddy administration.

Andhra Pradesh state considers suspending power purchase deal with Adani Group over bribery charges, pending investigation.

India’s Andhra Pradesh state is likely to suspend a power purchase deal linked to Adani Group due to the US indictment of the group’s billionaire founder Gautam Adani over an alleged bribery scheme, two state government sources said.

US authorities have charged Gautam Adani and seven others for allegedly paying $265M in bribes to Indian officials to secure solar power contracts in 2021-2022.