Indian billionaire Gautam Adani's indictment by U.S. authorities for his alleged role in a $265 million bribery scheme has sent shockwaves through his eponymous ports-to-soybeans conglomerate. The Adani Group denies the allegations.

The highlights this week: India’s renewable energy sector will feel the impact of billionaire Gautam Adani’s indictment in the United States, thousands of supporters of former Pakistani Prime Minister Imran Khan take to the streets, and a Bangladeshi Hindu activist is detained on sedition charges.

Gautam Adani, nephew Sagar Adani, and Senior Executive Vneet Jaain are clear of any bribery charges as per the US Department of Justice (DoJ), according to the latest filing with stock exchanges by a Group company – Adani Green Energy Ltd.

Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified that key officials had not been charged with violations of the U.S. Foreign Corrupt Practices Act in last week's indictment.

Now the plan faces a hurdle in the form of a U.S. indictment of Adani, his nephew and executive director Sagar Adani and managing director Vneet S. Jaain, accusing them of paying

By Bharath Rajeswaran (Reuters) -Indian shares inched lower on Tuesday, weighed down by Adani Group stocks' on worries about the implications of alleged bribery charges by the U.S. against their key executives.