Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company,

Adani, 62, one of Asia’s richest men, was thrust into the spotlight last week when U.S. prosecutors in New York charged him and seven of his associates with securities fraud.

For any legal action to be taken within India, including the execution of an arrest warrant in Gautam Adani's case, US officials are required to notify the Ministry of Home Affairs in India.