Shares in India's Adani Group plunge 20% after US bribery
risingnepaldaily.com · Fri Nov 22 00:36:57 GMT 2024

New Delhi, Nov. 22:
One of Asia's richest men, controversial Indian tycoon Gautam Adani, is again in the spotlight. His companies' stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on charges he duped investors in a massive solar energy project in India by concealing that it was being facilitated by an alleged bribery scheme.
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