Trump Halts Anti-Bribery Law: Implications for Adani Group

Feb 12, 2025 Komal Das

Trump paused the FCPA, which was used against Adani Group, citing its negative impact on American businesses abroad

[{"selector":"#anim-3ffd8533-9ea7-4882-9470-141e49a11f7c","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-26e8d5d6-9849-4e08-8057-020b593ffca6","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-f7e34872-b901-40ee-b24f-e48c74af42e8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b7fc0fb5-f68a-411b-a14f-3b8dbbe7a379","keyframes":{"transform":["translate3d(-111.67665%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58a2a05c-09a9-4ace-9c9f-01fda439370d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(20.42016793689359%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

Trump paused the FCPA, which was used against Adani Group, citing its negative impact on American businesses abroad

[{"selector":"#anim-50201673-cd71-4ea5-8b96-d5c54860c579 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-983e906f-3828-4922-86c0-1b2ce2a0d69e","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a0412c7e-a898-4f27-8df2-cf26a0a266d3","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-63f23e84-bfa6-4b98-9b87-5210d92a37ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3aeee978-821f-4f8b-8f1c-45722025d427","keyframes":{"transform":["translate3d(-111.67665%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Trump paused the FCPA, arguing it harms U.S. business and security. The Adani Group denied bribery allegations

[{"selector":"#anim-4b04a736-61b4-4301-a4cb-cb1563e42ab5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(7.782989111730341%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8547d4e2-f57d-47e7-b67a-05e40fdd5d26","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-c0c418ca-2972-47f2-a8b6-cf4a149239cd","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-b494c165-6436-44b8-9d87-6d5eb4c4a42d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab08facd-ba1d-48fd-a043-a6e5ffd6a724","keyframes":{"transform":["translate3d(-112.57484%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Trump’s FCPA pause boosted Adani stocks, with Adani Enterprises up 4.28%, Adani Power 4.17%, and Adani Green Energy 3.34%

[{"selector":"#anim-bf5b1f45-00ee-4003-8725-c51cff770809 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-abac5c97-6dc6-4cb1-9113-9281e30a6f77","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-31f7e1d2-9d54-43a7-905e-9ddbcdc1498a","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-14cc1547-087e-44a0-a24f-5d54e225ac4e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-258c01c1-3122-4b9c-8d28-bfc017bfce82","keyframes":{"transform":["translate3d(-112.57484%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Six US Congressmen criticized the DoJ’s case against Adani, arguing it could hurt US-India ties

[{"selector":"#anim-e5c14194-c3c7-4e2b-9a16-c6cd3fefd07e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-15.231567658831473%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-81d74929-d5ab-4625-9ab2-662dc5f468fc","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-7c2faa88-98fb-435c-ae46-795057e44fbf","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-96730e10-bf73-4fc2-a298-77336cb71840","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0554459-5d3b-452c-a617-135a22904cfc","keyframes":{"transform":["translate3d(-113.84615%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Read More 5 Easy Ways to Remove Holi Color Stains from Clothes NZ PM Luxon’s Holi Celebration with Indians Goes Viral Snapshots of Holi Celebrations from the Streets of India Must-Try Homemade Dishes for Holi