Adani, his nephew agree to pay ₹172 crore to settle fraud allegations in US

Billionaire Gautam Adani and his nephew Sagar agreed to pay over ₹172 crore ($18 million) to settle a civil lawsuit in US over allegations that they misled investors, Adani Green Energy said. Both men have consented to "entry of the final judgment without admitting or denying the allegations", it added. The case alleged Gautam and Sagar paid over ₹250-million bribes.