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Adani Stocks Plunge After US Charges For Bribery, Fraud

Asia Financial LogoAsia Financial3d ago

Adani Stocks Plunge After US Charges For Bribery, Fraud - Asia Financial

Quick Summary:

Group's shares sink after Indian billionaire and seven others were indicted by US prosecutors over an alleged $265m bribery scheme for solar contracts

The post Adani Stocks Plunge After US Charges For Bribery, Fraud appeared first on Asia Financial.

In January 2023, the US-based short-seller Hindenburg Research accused Adani Group of using offshore tax havens improperly, a charge the company denied.


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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 07:30:36 (3 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 778 words

Reading Time: 5 minutes read

Sentences: 44 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23793168

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 2 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #86

Publisher Details

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  • URL: https://beamstart.com/news/adani-stocks-plunge-after-us-17324503695180

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