the incoming administration of president—elect donald trump. hello and welcome to business today. i'm steve lai. let's begin with our top story — the bribing allegations facing adani group in the united states.according to reports, the us securities and exchange commission has issued summons for indian tycoon gautam adani and his nephew sagar adani.they are accused of engaging in hundreds of millions of dollars in bribes, while raising a bond offering back in 2021.this comes on top of criminal charges brought last week by federal prosecutors against mr adani.0ur india business correspondent archana shukla has all the details. archana, what's the latest? summons have been delivered to gautam adani and sagar adani who is an executive at adani green, the company at the

centre of the scribe re—charge and according to reports, there is a 21 day period in which gautam adani and nephew have to they may need to use to promote it channels to diplomatically solve summons to indian nationals so that may take some time to officially come through and this is a civil suit by the us sec seeking permanent injunctions, monetary penalties and also restrictions on adanis to serve as officials on listed companies and this adds up to a criminal suit filed by the us federal prosecutors on the same bribery charges but the group has denied these allegations, the group's cfo in a post on eggs over the weekend, said the indictment relates to just one contract of adani green energy —— in a post on x. it amounts

to 10% of their business and no other group from the adani group conglomerate is accused of any wrongdoing to stop legal experts say that while the legal challenges are mounting up legal challenges are mounting up for the company in the us, it will still seek some more time to go through and it will take more time for this to actually play out in the coming days. even with the legal troubles coming up and lenders and regulators reassessing some of the charges, adani group stocks have actually recovered most of the losses from last week. even today in monday trade, most of the adani group stocks have opened up in the green. stocks have opened up in the ureen, �* . ., ., stocks have opened up in the ureen. ~ . ., ., ,, «a, green. archana shukla in mumbai. _ green. archana shukla in mumbai, thank - green. archana shukla in mumbai, thank you. - nirmalya kumar is a professor at the singapore management university, and a former senior executive at indian conglomerate tata sons.he says it is unlikely that mr adani will be extradited to the united states. india has an extradition treaty with the us but i suspect this government in india

is going to be very reluctant to hand over adani to them so i think in the short run, i don't see how they can get to him or his nephew. how significant is this then in relation to the criminal charges brought against adani last week? this is a very significant thing, i'm not downplaying that and the fact of the matter is that legally, india may be have put pressure on to release him to the us authorities but you have to remember that we are in the midst of an administration change in the us and it is not entirely clear that donald trump, the incoming president, will be pushing on this as one of his things that he would like to get done given that he relatively has a good relationship with modi and has previously in his own interviews said that the main act under which they are charging him hampers us countries. —— companies.

given the scale of the adani group and family business entities they are involved with, could this impact us india relations on a bigger scale? i have a feeling, this is just my gut feeling, modi and trump will be very careful to make sure this is limited to the adani group and not spill over. because remember, india right now is a very important counteract to china in trump and us strategy. i think both countries feel and india needs the us for countering china to some extent. both countries have a self interest not to let this go into other parts of the relationship and sabotage it. turning to the artificial intelligence industry, nvidia bossjensen huang says he believes that global cooperation in technology will continue under the trump administration. he was speaking after receiving an honorary degree from the hong kong university of science and technology over the weekend. i don't know what's going to happen with the new administration, but whatever happens, we'll balance simultaneously compliance with laws

and policies, continue to advance our technology and support and to serve customers all over the world. we'll continue to do that, and we'll be able to do thatjust fine. al was also in focus at the recent g20 summit in rio de janeiro. at the gathering, chinese president xijinping — said that the industry shouldn't be "a game of the rich countries and wealthy". many analysts took his comment to be a stab at the us which currently dominates the sector.technology analyst mark einstein gave us a closer look at the us—china ai battle. he started by laying out the environment companies like nvidia could face, under the incoming administration of president—elect donald trump. jensen should be very happy with the trump administration with elon musk as his new right—hand man who is bullish on al. i think regulatory—wise in the united states it is going to be much more laissez faire which will benefit him in his

chip—making endeavours are. what does that mean them for china? we know the us is currently preventing access to china for certain ai chips, what do we need to understand about the battle for al dominance? as far as the battle goes, the us is very much winning so far and i'm sure that the chinese leader has taken note of, xijinping, his comments to me that he wants more balance and equity makes perfect sense to me. de think we will see more protectionist measures when trump takes to the white house? i think that is quite likely. my company believes that some sort of tariff will be enacted. the full extent of that we don't know because we also have to remember a lot of american chip—maker like nvidia are very reliant on china as well so i don't think it would be anything like a total ban but i think there will be some of this tit—for—tat kind of stuff that we have seen in the last several years. you think us and china when it comes to ai will be more antagonistic or confrontational but the ai industry from the us

side of things will loosen up with musk also in trump's side? regulatory—wise, absolutely. trump has to walk a tightrope because a lot of these companies that make chips have infrastructure in china. a blanket ban is very unlikely but we will see more and more of this sabre rattling going forward. japan has signed off on a 140 billion dollar stimulus package designed to ease the inflation burden on citizens. the plan comes afterjapan�*s liberal democratic party suffered huge losses in an election last month, forcing it to function as a minority government.the stimulus includes cash hand—outs for low—income households, fuel subsidies, and help for struggling small businesses. streaming services have changed the way films are produced and consumed. and bollywood — the largest film industry in the world — is no exception. india's 2025 oscars submission, lost ladies, found significant success on netflix and is now seeking international recognition.

the bbc�*s ritika gupta sat down with the film's producer and movie icon aamir khan, to discuss how streaming is revolutionising indian cinema. i was a jury in a script competition, and that's when i came across the script, which i really loved. iwas, like, you know, "this film has to be made," and it really touched me. in many ways, ifound it... i mean, the kind of issues — it picks women's issues, but it brings it out in so much humour. and it has also a theme of males allying with some of the issues. so a lot of people say that the hollywood model is dying. big budgets, big movies, big film stars, and that that is because of streaming and that streaming is the future. would you say that that is the same case for bollywood? that group experience of watching a film in a theatre is very unique, and i think that that's...

i'd be very surprised if that dies out. i also feel that ultimately, you know, each platform has its own advantages. and, you know, you have to choose as a creative person which platform you want to use for which material. i think one of the main advantages of being on a ott platform like netflix, you know, gives you a world audience to watch your film. that's one of the big advantages. yourfilm gets much wider exposure, potentially, if it's a good film. theatrically, you have to release each country separately. but if you're on netflix, it's all over on the same day. i feel human beings have changed since the smartphone has come in. our ability to focus on any one thing has reduced, and i think that is the challenge that film—makers are facing all over the world today. aamir, i love the soundtrack for this film, and i know you have a very lovely voice. so can you sing us something? aamir sings softly

from bollywood to hollywood... wicked is projected to have the top—grossing opening weekend of any broadway musical adaptation in the united kingdom and ireland, as well as north america.the adaptation of the hit musical is expected to rake in more than 150 million dollars on its opening weekend.wicked premiered on broadway and has been running on the west end for two decades. and that's it for this edition of business today. see you again soon.

hello and welcome to sportsday. i'm karthi gnanasegaram. the headlines... a valuable victory for livepool

as they go eight points clear the top of the premier league thank to a mo salah brace at st mary's. four in a row — verstappen claims formula one's world title under the lights in las vegas. and top of the world. rugby honours — south africa's peter—steph du toit wins for a second time and it's a first for england's ellie kildunne. hello there. welcome to the programme. we'll start with the premier league where liverpool are now eight points clear of manchester city at the top of the table after coming from behind to beat southampton 3—2 at st mary's. russell martin's side may be in trouble, with just one league win so far this season — but they didn't make it easy for liverpool who're riding high, with their manager arne slot only five

months into his reign.