Gautam Adani's US Indictment Shakes India's Corporate Image
The US indictment of Gautam Adani, founder of India's Adani Group, for alleged involvement in a $265 million bribery scheme has raised concerns about the integrity of Indian business practices and regulatory oversight. This development complicates US-India relations, already strained by other diplomatic issues, and provides ammunition for Indian opposition parties to criticize Prime Minister Narendra Modi's ties with Adani. The charges could impact international investor confidence in India's economic narrative and its position as a reliable business partner.