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New Delhi: The US Department of Justice is preparing to drop fraud and bribery charges against billionaire Gautam Adani, the New York Times reported on Thursday (May 14), citing sources. Bloomberg separately reported, also citing sources, that US authorities could formally announce the dismissal of the criminal charges as early as this week. It also said the Securities and Exchange Commission is moving towards resolving a parallel civil fraud case brought against Adani and several associates in November 2024.

According to the New York Times report, Adani’s legal team, led by US........

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