Billionaire Adani Calls US Bribery Charges ‘Baseless’ as Shares Plunge

The Adani Group has denied the US Justice Department’s allegations that its billionaire founder Gautam Adani and his aides were involved in a $250 million bribery scheme. As Bloomberg’s P R Sanjai reports from Mumbai, the controversy has sent the conglomerate’s stocks and bonds tumbling (Source: Bloomberg)

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Author: business