Bribery

Around 66 per cent of business firms surveyed across 159 districts admitted that they paid bribes in the last 12 months, a report by online platform LocalCricles said on Sunday. The survey, which received 18,000 responses, found that 54 per cent were forced to pay bribes while 46 per cent paid voluntarily to expedite the process. "As many businesses would vouch anonymously, bribes remain a way of life when wanting to get government departments to speed up the permit or compliance process, even getting duplicate copy of the authority license or anything to do with property matters. 66 per cent of businesses surveyed paid a bribe in the last 12 months," the report said. Only 16 per cent of businesses surveyed claimed that they always managed to get work done without paying a bribe and 19 per cent said they "did not have a need" to do so. "Of businesses that paid bribes in the last 12 months, 54 per cent were forced to do so, while 46 per cent paid it for timely processing. This kind

As per the CBI release, the accused were arrested for demanding and accepting a bribe of Rs 4,000 from the complainant which is allegedly part of demanded bribe amount of Rs 10,000

US prosecutors charged Gautam Adani, his nephew Sagar Adani who is director at Adani Green, and six others in running an alleged bribery scheme

US prosecutors have charged billionaire Gautam Adani, the group's founder, his nephew Sagar Adani and six others for their alleged roles in a $265-million scheme

GQG Partners' exposure to Adani stands at $8.1 billion, constituting 5.2% of its total assets of $156.7 billion. GQG Partners holds stakes ranging from 1.5% to 2% in six Adani Group companies

The scandal has also raised concerns about market and public disclosure lapses by Adani Group

Ports bonds maturing in 2027 were down 1.6 cent to 88.98 cents on the dollar, having lost nearly 7 cents in face value

Adani Group has denied any wrongdoing and said it would seek all possible legal recourse to defend itself

The alleged hundreds of millions of dollars in bribes promised to local Indian officials caught the attention of US Justice Department and Securities and Exchange Commission

Adani is charged with foreign bribery, securities fraud, securities fraud conspiracy and wire fraud conspiracy

Gautam Adani, his nephew Sagar, and Cyril Cabanes, a former board member of Azure Power, charged by the US SEC in a bribery and fraud scheme

Cyril Cabanese is charged alongside Gautam Adani and Sagar Adani, in connection to a bribery scheme that misled US investors in a September 2021 bond offering that raised $175 million

The Adani Group has stated that it will seek all possible legal recourse to fight the bribery allegations against Adani Green Energy's top management

Gautam and Sagar Adani are accused of misleading investors about Adani Green Energy Ltd's anti-corruption policies during a September 2021 bond offering, which raised $175 million from US investors

The SEC charges Gautam Adani with bribery and fraud, while Hindenburg accused the Adani Group of stock manipulation and accounting fraud. Here's how the allegations differ

The CBI has filed a charge sheet against Congress MP Karti Chidambaram and others in connection with alleged bribery in facilitating visas of Chinese nationals for a power company in 2011 when his father P Chidambaram was the Union home minister, officials said on Thursday. In its charge sheet submitted before a special court here, the CBI has named Karti Chidambaram, the Lok Sabha MP from Sivaganga, his alleged close associate S Bhaskararaman, company Talawandi Sabo Power Ltd (TSPL), a subsidiary of Vedanta and Mumbai-based Bell Tools, through which bribes were allegedly routed, they said. The agency has invoked charges of criminal conspiracy, cheating, and forgery under the Indian Penal Code and provisions of the Prevention of Corruption Act, they said. Other charge-sheeted accused include Viral Mehta, Anup Agarwal, Mansoor Siddiqui and Chetan Shrivastava, they said. The CBI has filed the charge sheet after two years of probe into its FIR registered in 2022 where it had alleged t

The Kerala High Court on Wednesday stayed further proceedings in connection with the discharge of BJP state president K Surendran and five others by a sessions court from the Manjeshwaram election bribery case. Justice K Babu admitted the criminal revenue petition moved against the sessions court's October 5 order by the state government. "Admit. Further proceedings stayed. Post on November 8," the High Court said. On October 5, Surendran and the others were discharged by Kasaragod Sessions Judge Sanu S Panicker. The sessions judge, allowing the discharge plea of the accused, had said that the first accused -- Surendran -- was discharged of the offences under various provisions of the IPC and the Scheduled Caste and Scheduled Tribe (prevention of atrocities) Act 1989. "Since the first accused is discharged of the alleged offences, I do not find any grounds to proceed against the other accused also. Hence, they are also discharged of all the alleged offences," the sessions court ha

A Kerala court on Saturday discharged BJP state president K Surendran and five others from the Manjeshwaram election bribery case. Surendran and the others were discharged by Kasaragod Sessions Judge Sanu S Panicker. The BJP state chief's lawyer told reporters that the court said that prima facie the case would not stand. The lawyer also said that the court accepted the defense argument that there was no need to go for trial in the case. He further said that the defense was able to prove that the case was a fabricated one and that there was a political conspiracy behind it. The detailed order is not yet available. Surendran, while talking to media outside the court after the verdict, recalled that he was saying right from the beginning: "truth will prevail". He added that it was a "well planned conspiracy to implicate him in the false case to destroy his political prospects". "Leaders of the CPI(M), Congress and the Indian Union Muslim League (IUML) were behind the conspiracy,"

New York City Mayor Eric Adams on Monday delivered his most thorough public defence to date since his indictment on federal bribery charges, insisting the case was a "test" that would not distract him from governing as he deflected specific questions about the investigation for more than an hour on Tuesday. Yet even as the mayor began to address reporters alone beneath a City Hall rotunda, a potential witness in one of the sprawling investigations was wrapping up his own news briefing steps away, complaining he had been the victim of a corrupt "shakedown". The whiplash-inducing morning at City Hall reflected the deepening tumult that has gripped the Democrat's administration in recent weeks, raising questions about whether Adams can continue managing the nation's largest city while shuttling between court appearances and contending with an exodus of top deputies. As he stepped to the podium, a smiling Adams began his comments with a favourite quip, "This is going in my book." But i

The charge of accepting gifts carries a jail term of up to two years and a fine. For obstructing justice, Iswaran can be sentenced to jail of up to 7 years and a fine