The US Securities and Exchange Commission told a court that it has asked the Union Ministry of Law and Justice for assistance in the FCPA probe

The U.S. Securities and Exchange Commission has requested assistance from Indian authorities in its investigation of Adani Group founder Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme,

The U.S. Securities and Exchange Commission (SEC) has requested assistance from Indian authorities in its probe into Adani Group founder Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a

Adani group stocks traded mixed on Wednesday after a Reuters report said the U.S. SEC sought India’s help in its fraud probe against Gautam and Sagar Adani. While some stocks fell, others saw modest gains.

SEC seeks Indian assistance in investigating Adani Group for securities fraud and bribery scheme, ongoing efforts to serve complaint.

The US SEC has also requested assistance from the ministry of law in India under the Hague Service Convention, Reuters stated.

Adani Group—controlled by ports-to-power billionaire Gautam Adani—said the Adani family will donate up to $686 million to build two not-for-profit hospitals in partnership with the U.S.-based Mayo Clinic Global Consulting.

The US Securities and Exchange Commission (SEC) on Tuesday has sought assistance from Indian authorities in its investigation into Adani Group chairman Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme,