Adani Group says it lost nearly $55b as US charges sparked rout

Gautam Adani, 62, is suspected of having participated in the $250 million scheme in bribes to secure lucrative government contracts.

Pedestrians walk past the 'Adani House' corporate building in Gurgaon on November 27, 2024. (AFP photo)

By: NewVision Reporter, Journalists @NewVision

India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors last week accused its founder and other officials

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Adani Group
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Gautam Adani

Adani Group says it lost nearly $55b as US charges sparked rout

Gautam Adani, 62, is suspected of having participated in the $250 million scheme in bribes to secure lucrative government contracts.

Pedestrians walk past the 'Adani House' corporate building in Gurgaon on November 27, 2024. (AFP photo)

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