Adani Bribery Case: Here are 5 setbacks that followed post indictment

  • Posted on November 23, 2024
  • By Business News Today
  • 1 Views
Adani Bribery Case: Here are 5 setbacks that followed post indictment

The Adani Group faces setbacks as global banks consider halting new credit lines following a US indictment alleging bribery. Indian regulators are investigating potential disclosure violations, while Kenya scrapped Adani projects. S&P downgraded the outlook for three Adani firms, and the group's stocks experienced a rout, though they partially recovered.
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