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US prosecutors have dropped all criminal charges against Gautam and Sagar Adani, closing the case due to insufficient evidence. Civil matters with the SEC and Treasury also concluded, with settlements involving payments and cooperation.
Journalist Ravi Nair convicted of criminal defamation by a magistrate court in Mansa, Gandhinagar.
When this second and final phase is completed, Vizhinjam Seaport is expected to handle 57 lakh TEUs (twenty-foot equivalent units) annually.
The court pointed out that by the civil judge's order, AEL had the liberty to broaden the scope of the suit by including articles that could be written in the future by other parties, even though they are not found to be libellous yet.
Sebi observed that the loans had been repaid with interest, no funds were siphoned off, and there was no evidence of fraud or unfair trade practices.
The order restrains journalists and websites from publishing unverified reports that allegedly tarnish Adani Enterprises' reputation, potentially harming investor confidence.
Vizhinjam’s performance is on par with some of the world’s top ports
Developmental activities would also be held at Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati and Mangaluru.
This substantial capital expenditure underscores the group's commitment to infrastructure development and contributing to India's economic growth.
He added that the investments will create over 25 lakh new jobs in the region across sectors such as food processing, agriculture, and clean energy.
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