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Adani shares crash up to 20% after Gautam Adani charged with bribery in US
short by Pragya Swastik / on Thursday, 21 November, 2024
Adani Group stocks fell on Thursday after Chairman Gautam Adani was charged in the US for allegedly participating in a scheme that involved promising to pay over $250 million in bribes to Indian government officials to secure solar energy contracts. Adani Enterprises shares were down 10%, Adani Green Energy stock was down 17% and Adani Energy Solutions stock fell 20%.
read more at Moneycontrol