$55 billion wiped off our mcap since US indictment: Adani Group

Adani Group on Wednesday said it has suffered a massive loss of $55 billion across its 11 listed companies after its top officials were charged in a $250-million bribery case in US. The indictment accused billionaire founder Gautam Adani and multiple subordinates of deliberately misleading international investors as part of the bribery scheme. Adani Group called the claims "baseless".