The Adani Group founder broke his silence by condemning the charges, saying he would seek “all possible legal recourse.”

Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, opened up about the recent indictment that alleges he participated in a multi-billion dollar fraud

India’s opposition is protesting the government’s silence over allegations against billionaire Gautam Adani, who was recently indicted in the U.S. for alleged fraud and a scheme to pay bribes.

Indian banks are reviewing their Adani exposure and whether they need to tighten due diligence, eight bankers said on Thursday, after the group's billionaire founder Gautam Adani was indicted by U.S.

Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.