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Indian billionaire Gautam Adani. | Photo Credit: Reuters An Indian government agency charged with promoting renewable energy has changed the way it issues power tenders to reduce the risk of corruption after U.S. allegations of bribery in some tenders, said an official with direct knowledge of the matter. The Solar Energy Corporation of India (SECI)…
Representational view of the Colombo main port | Photo Credit: Reuters Billionaire Gautam Adani-led conglomerate on Tuesday (December 11, 2024) said it will use its own resources to fund a Sri Lankan port project and not seek U.S. funding. In an exchange filing late on Tuesday, Adani Ports and SEZ Ltd said the project “is…
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Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. | Photo Credit: Reuters Asserting that the relationship between India and the U.S. is built on a strong foundation, the White House has expressed confidence…