Adani shares have fallen over 20% in a single day, wiping out ₹2.6 lakh crore in investor wealth. This dramatic plunge is tied to bribery and fraud allegations filed by the U.S. Department of Justice (DOJ).
The DOJ claims that Gautam Adani and key executives paid ₹2029 crore in bribes to Indian officials to secure lucrative solar energy contracts in Odisha and J&K. The twist? These allegations have surfaced in U.S. courts because Adani Group allegedly raised $3 billion from U.S. investors without disclosing the bribery.
Key Points:
✅ Adani Enterprises shares fell by 23%
✅ Adani Green Energy and Adani Energy Solutions saw a 10-20% drop
✅ U.S. investors accuse Adani of deceiving them by hiding critical information
Will these allegations lead to a legal battle and further impact Adani’s reputation globally? Watch the full video to know all the details.
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