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Adani Group's stock has been put under the ASM framework due to its high volatility after the bribery charges.
While Bloomberg reported factually on the matter, Reuters report said that Adani board members had been named by US DoJ and summoned by the US SEC, which was completely speculative.
Gautam Adani and his aides have not been charged under the US Foreign Corrupt Practices Act, an Adani Group entity said.
The rally came despite global rating agency Moody’s on Tuesday downgrading its outlook for seven Adani Group entities, ...
Shares of ten Adani group stocks rose by 4.26% to 19.76% after Adani Green Energy clarified that key figures, including Gautam Adani and his associates, have not been charged with violations of the US ...
Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified ...
The rally followed a clarification by Adani Green Energy Ltd (AGEL) that dismissed allegations of bribery or corruption ...
India's Adani Group conglomerate said Wednesday it had lost almost $55 billion in a stock market rout since US prosecutors ...
Shares of Adani Group companies declined on Tuesday, with Adani Green Energy experiencing a 7% drop. The decline followed ...