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No respite! Adani Group stocks plunge up to 11% as Kenya cancels deals after US charges against Gautam Adani

IndiaTimes Friday, 22 November 2024 ()
Adani Group stocks continued to fall for a second day, with Adani Enterprises and Adani Ports experiencing significant drops. This comes amidst accusations of bribery by U.S. prosecutors, which the Adani Group denies.
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Video Credit: Oneindia - Published
News video: BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans.

BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans. 03:06

The US has issued arrest warrants for Gautam and Sagar Adani over a $265 million bribery and fraud scheme. The Adani Group is accused of concealing corruption to raise billions in loans while securing energy contracts. The case also involves international defendants, including Australian businessman...

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After US indicts Gautam Adani in alleged bribery case, Adani group stocks' combined mcap erodes by Rs 245000 crore

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