OpenAI to face digital news firms of Ambani, Adani in copyright battle, ET LegalWorld
Digital news units of Indian billionaires Gautam Adani and Mukesh Ambani, and other outlets like the Indian Express and the Hindustan Times, have mounted a legal challenge against OpenAI alleging it improperly used copyright content, legal papers show. The media outlets including Adani’s NDTV and Ambani’s Network18 have told a New Delhi court they want […]
SC agrees to examine Adani Power’s appeal in Punjab State Electricity Regulatory Commission case, ET LegalWorld
The Supreme Court on Monday agreed to examine Adani Power’s appeal challenging the Punjab State Electricity Regulatory Commission’s refusal to grant approval to a 2006 power purchase agreement (PPA) signed between erstwhile Udupi Power Corp and a Punjab state discom. A Bench led by Justice PS Narasimha issued a notice to the Punjab State Electricity […]
Amended IT rules on fake news quashed; Dharavi project relief for Adani group, ET LegalWorld
As courts in Maharashtra remained busy with several high-profile cases in 2024, the raging issue of false content got addressed with the Bombay High Court striking down the amended IT rules against fake news on social media. In another significant judgement this year, the HC upheld a tender awarded to Adani Properties Private Limited by […]
Former Attorney General Rohatgi says no bribery charges against Gautam Adani, nephew in US indictment, ET LegalWorld
Former Attorney General of India and Senior Counsel Mukul Rohatgi on Wednesday said that industrialist Gautam Adani, along with his nephew Sagar Adani, have not been named in key bribery or obstruction of justice charges in the indictment filed by United States prosecutors in a bribery case. Earlier today, the AdGroup Energy Limited (AGEL) refuted […]
US SEC has no jurisdiction to summon foreign national; Adani notice to go via ‘proper channel’, ET LegalWorld
US SEC will have to serve the summons on Adani Group Founder and Chairman Gautam Adani and his nephew Sagar in the alleged USD 265 million (Rs 2,200 crore) payoffs through proper diplomatic channels as it has no jurisdiction to summon a foreign national directly, according to sources. US Securities and Exchange Commission (SEC) wants […]
Fresh plea in SC seeks probe into US indictment of Gautam Adani, ET LegalWorld
A fresh plea has been filed in the Supreme Court seeking a probe into the indictment of billionaire industrialist Gautam Adani who has been charged in the US for alleged bribery and fraud, saying the move “unveiled malpractices carried out by the conglomerate”. The plea has been filed by advocate Vishal Tiwari as an interlocutory […]
Law Minister Promises Investigation into Adani Group’s Alleged Bribery in Odisha, ET LegalWorld
Allegations of corruption involving an Adani Group firm in Odisha is likely to test the BJP-led state govt, which has a ‘zero tolerance’ policy against corruption. The BJP govt, led by chief minister Mohan Majhi, has built its reputation on anti-corruption initiatives, having filed criminal cases against 144 individuals in the past five months. Official […]
Exchanges seek clarification on disclosure violations by Adani Group entities, ET LegalWorld
Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged bribery case in the US and subsequent cancellation of Kenya’s airport expansion deal. In its response to the case in the US, Adani Group firms on Thursday had said “there are no allegations made against the company”. On […]
CCI Will Not Pursue Adani Group Case Despite Media Reports, ET LegalWorld
The Competition Commission of India is unlikely to take up the Adani Group case suo motu. CCI chairman Ranveet Kaur indicated that it would not take cognizance of the media reports in this regard. “We have to have some information filed before us, and then the commission takes action on that,” she said. Kaur was […]
Adani, the kingpin of the bribery scheme made powerpoint, excel sheets to execute plan, ET LegalWorld
Gautam Adani was the central figure in the bribery scheme, as revealed by the Eastern District Court in New York City. He led the entire operation, which was carefully planned in 2020 by Adani himself, along with co-conspirators Sagar Adani, Vneet Jaain, and four others. According to the SEC’s investigation, the scheme was thoroughly organized, […]