The U.S. International Development Finance Corporation is joining forces with the Adani Group, strengthening ties to India and an embattled conglomerate.
India’s fast-growing economy is drawing American corporate giants, even as the country faces scrutiny over ties to Russia and limits on political freedoms.
Investors have again rushed into the conglomerate controlled by Gautam Adani after a panel signaled that the investigation into the company’s finances was getting nowhere.