An Indian court on Friday dismissed a petition challenging the award of a contract to Adani Group to revamp one of Asia's largest slums in Mumbai, clearing one of the main legal challenges to the ambitious project.

Dubai-based Seclink Technology Corporation had challenged the July 2023 government resolution to formally award the Dharavi slum redevelopment project to Adani Properties as the lead partner.

Reuters reviewed 19 state government documents, many of them previously unreported, and interviewed more than two dozen state and federal officials about the deal, as well as independent energy and legal professionals.

Bangladesh has accused the Gautam Adani-led company of not passing on tax benefits related to a power plant critical to the deal.

Breon Peace has announced his resignation, effective January 10, 2025, just days before the inauguration of Donald Trump as the President of the United States.

In a statement, Peace (50), described his role as “the honour of a lifetime.” Appointed by President Joe Biden in 2021, Peace will leave office just days before President-elect Donald Trump assumes office on January 20.

The announcement was made during the 2024 Bihar Business Connect investor summit in Patna, where the group emphasized its commitment to creating over 77,000 direct and indirect jobs in the state.

The Adani Group announces an investment of Rs 28,000 crore in Bihar, targeting energy, cement, and logistics expansion. Plans include a Rs 20,000 crore ultra-super critical thermal power plant to address electricity shortfalls,