A US judge has dismissed a graft case alleging bribery involving Indian billionaire Gautam Adani and his group. The case, brought by a lawyer alleging Adani officials offered bribes to secure permits for a port project in India, was terminated due to lack of standing. The judge ruled the lawyer, who lacked a direct connection to the alleged bribery, could not pursue the claim. This decision marks a significant win for Adani, whose group has faced accusations of financial impropriety in the past. The allegations, previously made by Hindenburg Research, contributed to a market rout of Adani Group stocks earlier this year. Adani Group representatives have consistently denied all wrongdoing and welcomed the court's decision. The dismissal effectively closes this particular legal challenge in the US.

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