₹2 lakh crore wiped off Adani Group's value in 1 hour after bribery charges

Shares of Adani Group companies lost about ₹2 lakh crore ($22 billion) in market value in early trade on Thursday after US prosecutors charged Gautam Adani in an alleged bribery and fraud scheme. Adani Enterprises fell 10%, Adani Ports fell 20%, Adani Total Gas fell 15%, Adani Green fell 17%, Adani Power fell 13% and Adani Energy Solutions fell 20%.