Adani Group companies faced a massive blow today as share prices plummeted by up to 20% following allegations of a multibillion-dollar bribery and fraud scheme. The US Securities and Exchange Commission (SEC) has indicted Gautam Adani and seven others, accusing them of bribing Indian officials to secure solar energy contracts.
This crash wiped out ₹2 lakh crore in market capitalization, with flagship Adani Enterprises leading the losses at 20%. Other major players like Adani Energy Solutions, Adani Green Energy, and Adani Ports also saw sharp declines.
Watch this video for the latest updates on the allegations, the impact on the stock market, and what lies ahead for the Adani Group.
👉 Don’t forget to like, comment, and subscribe for more updates on trending business and finance news!
#adanigroup #gautamadani #stockmarketcrash #adanistocks #businessnews #financeupdates #indianstockmarket #SECFraud #AdaniScandal
source
