Adani Group says it lost nearly US$55 billion as US charges sparked rout

Q: How long will it take to read this news story?

The story "Adani Group says it lost nearly US$55 billion as US charges sparked rout" has 647 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Adani Group says it lost nearly US$55 billion as US charges sparked rout" was covered 3 hours ago by Channel News Asia, a news publisher based in Singapore.

Q: How trustworthy is 'Channel News Asia' news outlet?

Channel News Asia is a fully independent (privately-owned) news outlet established in 1999 that covers mostly economy and business news. The outlet is headquartered in Singapore and publishes an average of 40 news stories per day. It's most recent story was published 1 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23902706</li><li>URL: https://beamstart.com/news/adani-group-says-it-lost-17326923766638</li></ul>

Channel News Asia Logo Channel News Asia 3h ago

Adani Group says it lost nearly US$55 billion as US charges sparked rout - Channel News Asia

Quick Summary:

Adani, who was born to a middle-class family in Ahmedabad, Gujarat state, dropped out of school at 16 and moved to Mumbai to find work in the financial capital's lucrative gem trade.

Gautam Adani, 62, is suspected of having participated in the US$250 million scheme in bribes to secure lucrative government contracts.

That included in Kenya, where President William Ruto said the Adani Group would no longer be involved in plans to expand the East African country's electricity network and its main airport.