India/Economy/US regulator pursues fraud case against Indian billionaire Gautam Adani

US regulator pursues fraud case against Indian billionaire Gautam Adani

Jan 30, 2026- Jan 23, 20264 sources

person:adaniorg:secorg:adani

Summary

The US Securities and Exchange Commission (SEC) is trying to move forward with a fraud case against Indian billionaire Gautam Adani. The regulator is seeking court permission to serve legal summonses to Adani, and is trying to bypass the Indian government to do so.

News of the SEC's efforts caused the market value of Adani's group of companies to drop by $12.5 billion.

Source Headlines

4 headlines from 2 publishers

US SEC fraud case against Gautam Adani can proceed after procedural matter resolved

Jan 30

Adani group firms shed $12.5 billion market cap after SEC seeks court nod to serve summonses

Jan 23

US regulator seeks to bypass Indian government to serve Adani summons

Jan 22