The US Department of Justice has dropped criminal fraud charges against Indian billionaire Gautam Adani and some officials of his firm, days after he agreed to settle a separate civil case, BBC reported. 

Adani Enterprises, his group's flagship firm, also agreed to pay $275m (£205m) to the US Treasury to settle a separate investigation into alleged violations of sanctions on Iran.

Sources sais that the Adani Group has now resolved all three legal cases against it in the US. This will pave the way for Adani to travel to the US without risk of legal proceedings.