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.

BING NEWS:
  • Adani's bribery scandal raises concern on market, public disclosure lapses
    In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report on the group's alleged bribery investigation in the United States. That ...
    11/22/2024 - 2:52 am | View Link
  • What you need to know about Adani's U.S. bribery indictment
    Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million scheme to bribe Indian officials, sending shockwaves across his eponymous $142 billion ...
    11/21/2024 - 6:08 pm | View Link
  • Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
    Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks plunged up to 20% on Thursday after he was indicted by U.S. prosecutors on ...
    11/20/2024 - 8:10 pm | View Link
  • Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges in the US
    India'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 ...
    11/20/2024 - 5:19 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News