Gautam Adani and his nephew Sagar agreed to pay a total of US$18 million to settle Securities and Exchange Commission allegations they made false and misleading representations about Adani Green Energy. Gautam Adani would pay US$6 million and Sagar would pay US$12 million to end the SEC’s November 2024 lawsuit, under the proposed agreement filed in federal court on Thursday, which still needs a judge’s approval. If finalised, the deal could be a significant boon to the Adani Group, the...