Top News on Nov 21: Market down, Gautam Adani faces ‘bribery’ case, Russia fires ICBM at Ukraine, and more
1 month ago

Top News on Nov 21: Market down, Gautam Adani faces ‘bribery’ case, Russia fires ICBM at Ukraine, and more

Live Mint  

From Market resuming downward march to Gautam Adani facing 'bribery' case to Russia firing ICBM at Ukraine, here are today's top stories. Here’s how Adani Group Stocks: Life Insurance Corporation of India, the country’s largest domestic institutional investor, saw its holdings in seven Adani stocks drop by nearly ₹9,000 crore in a single trading session on Thursday, November 21, following a sharp decline in group shares. Adani Group stocks go into a tailspin, crash up to 23% after US indicts Chairman and 7 others on bribery charges Several Adani Group shares, including those of the flagship firm Adani Enterprises, suffered massive losses and hit their lower circuits in early trade on Thursday, November 21. Gautam Adani’s net worth drops by over ₹ 88,726 crore in one day after US bribery indictment scandal Gautam Adani's net worth plunged by over $10.5 billion, or nearly ₹88,726 crore, on Thursday, November 21, 2024, after he was allegedly indicted in New York, US, over his role in a multibillion-dollar bribery and fraud scheme.

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Gautam Adani indicted in US bribery scheme highlights: Former AP CM Jagan bribed, says indictment statement
1 month ago

Gautam Adani indicted in US bribery scheme highlights: Former AP CM Jagan bribed, says indictment statement

The Hindu  

The Power Supply Agreements by Andhra Pradesh’s electricity distribution companies are under scanner in the $265 million bribery case unearthed by the U.S. The indictment statement by the U.S. Securities and Exchange Commission has accused the Adani Group of bribing former Andhra Pradesh Chief Minister Y.S. “All possible legal recourse will be sought”, the conglomerate said, adding that the Adani …

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