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Corporate earnings: How much did the company actually earn? Did they beat expectations?

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Adani Group Faces Financial Tumult Amid Alleged Bribery Charges Against Gautam Adani

17 Jan

Business Rohan Neeraj

Adani Group's stocks took a nosedive in response to the charges against Gautam Adani for allegedly orchestrating a bribery scheme affecting U.S. investors. The U.S. SEC outlined accusations of securities fraud related to Indian solar energy contracts. This led to significant losses, lowering the group's market value by billions and adversely impacting its credit ratings. The case has cast doubts on the conglomerate's ethical integrity and future growth.

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Adani Group Faces Financial Tumult Amid Alleged Bribery Charges Against Gautam Adani