National

US authorities move to resolve fraud cases against India's Adani, Bloomberg News reports

FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo
FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo Reuters

U.S. authorities are moving to resolve the fraud charges against Indian billionaire Gautam Adani, Bloomberg news reported on Thursday.

The Justice Department may announce that the charges will be dropped this week, the report said, citing people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Anusha Shah in Bengaluru)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 14, 2026 at 8:25 AM.

Get unlimited digital access
#ReadLocal

Try 1 month for $1

CLAIM OFFER