India's Adani Group has revived plans for major infrastructure investments in the U.S., where the group's founder has been charged with bribery, the Financial Times reported on Sunday.

Adani Group has been under scrutiny since 2023, when U.S.-based short-seller Hindenburg Research accused it of stock manipulation and improper use of offshore tax havens. The allegations triggered a $150 billion rout in Adani companies’ shares. Hindenburg Research disbanded earlier this year.

India’s Adani Group has reportedly resumed plans to make major investments in the US, despite the company’s billionaire founder facing federal charges there.

The Adani Group is reconsidering its investment plans in the US following the Trump administration’s order to pause enforcement of the Foreign Corrupt Practices Act (FCPA). According to a Financial Times report,

The Gautam Adani-led company is relooking into its potential plans to fund projects in several US sectors despite criminal charges against the billionaire and his officials for bribery. This comes aft