Adani Bonds value drops by $28 billion after billionaire’s US bribery charges.
21 November 2024
The Adani Group experienced a massive financial shock on Thursday, with shares losing approximately $28 billion (Sh3.6 trillion) in market value following US prosecutors’ charges against the group’s billionaire chairman, Gautam Adani. The allegations involve a complex bribery and fraud scheme that sent tremors through the Indian business landscape.
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