Adani Stocks in Red as US Government Widens Bribery Probe

Monday, 18 March 2024, 06:17

Adani stocks faced a downward trend as the US government extends its investigation on the conglomerate for suspected bribery. The latest report by Bloomberg highlights the increasing scrutiny on Adani Group, impacting the stock performance negatively amid regulatory concerns.
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Adani Stocks in Red as US Government Widens Bribery Probe

Adani Group Faces US Probe

Bloomberg has reported that the US government has widened its investigation of the conglomerate over suspicions of bribery. The development has led to a significant decline in the stocks of Adani companies, signaling heightened regulatory risks.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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