Home Procurement NewsAdani stocks crash 20% as US bribery allegations rock Indian billionaire

Adani stocks crash 20% as US bribery allegations rock Indian billionaire

November 21, 2024•

Shares in India’s Adani Enterprises fell by 20 per cent at the start of trading on Thursday after US prosecutors charged billionaire industrialist Gautam Adani with paying hundreds of millions of dollars in bribes and concealing the payments from investors. The sharp decline in the flagship company was mirrored by sell-offs and trading halts across

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