Adani Group Loses $30 Billion in Value After US Indictments

Adani Group Loses $30 Billion in Value After US Indictments

Shares of Adani Group companies plunged by about $28 billion on Thursday following U.S. charges against billionaire chairman Gautam Adani for an alleged bribery and fraud scheme. Adani Enterprises saw a 23% drop, while other group companies like Adani Ports, Adani Green, and Adani Power lost between 9% and 20% in value.(By Reuters)

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