Adani Group loses ₹1,14,813 crore in 1 day as US seeks to bypass Indian govt for summons

Adani Group lost $12.5 billion (₹1,14,813 crore) in market value in a single day after the US SEC approached a US court seeking permission to bypass Indian government to serve summons to billionaire Gautam Adani. The conglomerate's shares dipped between 3.4% and 14.54% on Friday. The summons are over alleged fraud and a $265-million (about ₹2,400 crore) bribery scheme.