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The U.S. Justice Department is close to dropping criminal fraud charges against Gautam Adani, an Indian billionaire, two sources familiar with the matter told Reuters.

Adani on Thursday ​also resolved a related civil fraud lawsuit brought by the Securities and Exchange ‌Commission over an alleged scheme to bribe Indian government officials.

Here are details of Adani Group's businesses:

** Energy: Mines thermal coal and produces power through its utilities firm Adani Power (ADAN.NS), which is transmitted ​via Adani Energy Solutions (ADAI.NS).

Adani Green Energy (ADNA.NS), which is at the centre of the ​U.S. indictment, focuses on solar, wind and hybrid power generation and ⁠has a presence in a dozen Indian states.

Adani Total Gas (ADAG.NS) distributes piped natural gas ​and is run in partnership with TotalEnergies (TTEF.PA).

** Data centres: The group earlier this week partnered ​with Uber (UBER.N) to set up the ride-hailing platform's first data centre in India. In February, the group said it will invest $100 billion to build renewable-powered AI-ready data centres by 2035, joining a host ​of companies that ramped up investments in order to position India as a contender ​in the global AI race.

** Airports: Since entering the space in 2019, the group runs eight ‌airports across ⁠India, including Mumbai, Jaipur and Thiruvananthapuram, through its flagship firm, Adani Enterprises (ADEL.NS), that has a presence in roadways, real estate and infrastructure.

** Port operations: Adani Ports (APSE.NS) is India's top private operator by volume and manages 15 domestic ports, including the country's busiest private ​port, Mundra, in the ​western state of ⁠Gujarat.

Outside India, Adani Ports owns four ports across Australia, Colombo, Israel, and Tanzania.

** Cement: The group entered the industry in 2022, ​inking its biggest-ever deal in the space by acquiring Holcim AG's (HOLN.S) ​stake in ⁠Ambuja Cements (ABUJ.NS), and ACC (ACC.NS). It has been on an acquisition spree in a bid to topple India's top cement maker, UltraTech Cement (ULTC.NS).

** Media: Adani Group acquired a majority stake in ⁠Quintillion ​Business Media, a financial news digital media platform, in ​2022. The group struck deals to control majority stakes in news broadcaster NDTV (NDTV.NS) in 2022 and news agency ​IANS in 2023.


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