How Adani's US fraud charges impact India's economy and politics

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How Adani's US fraud charges impact India's economy and politics - BBC Business

Quick Summary:

The charges could jeopardise the ambitions of one of the world’s richest men, both at home and abroad.

Now, the 62-year-old Indian billionaire and a close ally of Prime Minister Narendra Modi, whose sprawling $169bn empire spans ports and renewable energy, faces US fraud charges that could potentially jeopardise his ambitions at home and abroad.

This is going to influence the political economy of India,” says Paranjoy Guha Thakurta, an Indian journalist who has written extensively on the business group.