Adani group founder and chairman Gautam Adani and his nephew Sagar have been summoned to explain their stand on the US Securities and Exchange Commission (SEC) allegation of paying $265 million (â¹2,200 crore) in bribes to secure lucrative solar power contracts.
Summons have been sent to Adani's Shantivan Farm residence in Ahmedabad and his nephew Sagar's Bodakdev residence in the same city for a reply to SEC within 21 days. "Within 21 days after service of this summons on you (not counting the day you received it)...you must serve on the plaintiff (SEC) an answer to the attached complaint or a motion under Rule 12 of the Federal Rules of Civil Procedure," said a November 21 notice sent through the New York Eastern District Court.
"If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint. You also must file your answer or motion with the court," it added.
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Court issues notice over claim of temple inside Ajmer dargah
A Rajasthan court on Wednesday issued notice in a lawsuit filed by Hindu groups that alleged a Hindu temple existed under the Khwaja Moinuddin Chishti shrine at Ajmer and sought worshipping rights at the spot.
Gukesh beats Ding in game 3 for 1st win in chess title battle
As early as move 13 of game 3, Ding Liren fell behind an hour on the clock, shifting in his chair, visibly uncomfortable at the position in front of him.
INDIA AND U.S. ARE STRONGER WHEN THEY WORK TOGETHER: BLINKEN
The United States and India are stronger when they work together, US secretary of state Antony Blinken said after a meeting with his Indian counterpart S Jaishankar on the sidelines of the G7 meeting in Fiuggi, Italy on Tuesday.
Lebanon deal spurs W Asia peace hopes
A ceasefire between Israel and the Lebanese militant group Hezbollah began on Wednesday, with thousands of residents streaming back to their battered homes after the two sides struck a deal brokered by the United States and France, a rare feat of diplomacy in a region wracked by two wars and several proxy conflicts for over a year.
Adani storm continues to rock winter session
The Opposition's demand for a debate on the latest allegations against the Adani Group rocked both Houses of Parliament on Wednesday, forced adjournments and washed out the third day of the winter session.
Will abide by PM Modi's decision on CM: Shinde
Any decision by Prime Minister Narendra Modi or Union home minister Amit Shah on selecting the chief minister of Maharashtra will be acceptable to him, caretaker CM and Shiv Sena chief Eknath Shinde said on Wednesday, potentially paving the way for a Bharatiya Janata Party (BJP) member to take over the state's top job.
'EK POST MILTI TOH BHI KAAM KARNE SE KOI NAHI ROK SAKTA THA'
Ronak Khatri, DUSU's new president, says nothing can deter his spirit to work for the students of his varsity
'It's scary that the air we are breathing is toxic'
Actor Shriya Pilgaonkar, a goodwill ambassador for the All Living Things Environmental Film Festival (ALT EFF), was in for a shock as she returned recently from New Zealand amid the air pollution crisis in the Capital.
Alia faced hatred for not looking South Indian in 2 States, says Arjun
Actor Arjun Kapoor has shared that his 2 States (2014) co-star Alia Bhatt faced a lot of hatred for being cast in the romantic comedy drama.
He introduced me to Indian cinema: Hugo Weaving on Satyajit Ray and his films
British actor Hugo Weaving, best known for portraying Elrond in The Lord of the Rings and Agent Smith in the Matrix franchise, opened up about his admiration for director Satyajit Ray's works and Indian cinema, saying, \"I actually remember seeing his (Ray's) films when I was 16. I absolutely loved them. The Apu Trilogy profoundly moved me, and The Chess Players (Shatranj Ke Khilari), along with several of his other works.\" The Matrix star added, \"He (Ray) truly introduced me to Indian cinema.\"
