Comment on Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges in the US

Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges in the US

Gautam Adani was indicted in the US on bribery charges.Subhankar Chakraborty/Hindustan Times via Getty ImagesIndia's stock market fell after Gautam Adani faced US bribery charges.Adani and executives allegedly paid $250 million in bribes for solar contracts.One CIO told Bloomberg TV that the charges "dented sentiment" in Indian markets.India's stock market opened lower on Thursday after one of the country's richest men was charged by US prosecutors in a massive bribery scheme.New York prosecutors brought charges on Wednesday against billionaire Gautam Adani, one of the richest people in India.

 

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