Indian billionaire Gautam Adani has agreed to pay millions of dollars in penalties in the United States as part of a major corruption-related case, while continuing to deny wrongdoing.
The case stems from an indictment filed in New York City in November 2024, accusing Adani and several associates of misleading international investors in connection with an alleged large-scale bribery scheme tied to solar energy contracts in India.
US prosecutors alleged that approximately $250 million in bribes were paid to Indian officials to secure solar power deals, allegedly benefiting Adani-linked interests while harming American investors.
According to a filing from Adani Green Energy to the Bombay Stock Exchange, Gautam Adani and his nephew, Sagar Adani, agreed to pay about...
India has proposed a new regulation aimed at stopping pilots and flight attendants from wearing perfumes.
India’s Office of the Director General of Civil Aviation—DGCA, which oversees the country’s aviation industry, has proposed an update to its bylaws regarding alcohol consumption.
The proposed law reads, “No crew member shall consume any drug/formulation or use any substance such as mouthwash/tooth gel/perfume or any such product which has alcoholic content. This may result in positive breath analyzer test.”
“Any crew member who is undergoing such medication shall consult the company doctor before undertaking a flying assignment.”
While perfumes can contain trace amounts of alcohol, it is unclear if wearing perfume on one’s body can trigger a false positive breath test.
The official air...
