Gautam Adani has put India on the spot. The country’s government may need to nudge local lenders to support the growth of the billionaire’s infrastructure conglomerate after the United States filed criminal charges against him.

Indian billionaire Gautam Adani has been slapped with criminal fraud charges in the US for allegedly orchestrating a $250m (£198m) bribery scheme to secure lucrative renewable energy contracts in his home country.

Gautam Adani’s conglomerate could find it harder to get funding following a US arrest warrant for its billionaire founder, with some banks considering halting fresh credit to the Indian group due to an alleged US$265mil bribery scheme.

Indian billionaire Gautam Adani’s feverish push to expand his global energy and infrastructure empire has been knocked by US bribery charges, but analysts ..

Prosecutors in the US have accused six individuals, including Gautam Adani and his nephew Sagar Adani, the director of Adani Green. The indictment and arrest warrant against Gautam Adani and the executives are based on bribery and fraud charges in connection with renewable energy projects in India.

Gautam Adani's business empire faced a new wave of turmoil as a US court indictment accused him of orchestrating a $250 million bribery scheme. The allegations triggered a stock market plunge, wiping out billions from Adani's fortune,