NEW DELHI (Reuters) -Indian billionaire Gautam Adani has been indicted for fraud by U.S. prosecutors and arrest warrants issued for him and his nephew for their alleged roles in a $265 million scheme to bribe Indian officials to secure power-supply deals. News of the charges wiped billions of dollars on Thursday from the market value of companies within Adani Group, and Adani Green Energy, the company at the center of the allegations, canceled a $600 million U.S. bond sale. Adani Group said in a statement that the allegations made by U.S. federal prosecutors and in a parallel U.S. Securities and Exchange Commission (SEC) civil case were "baseless and denied", adding that it would seek "all possible legal recourse".
This is Chris Sale's first Cy Young award.
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