Adani Group Hit by $55 Billion Stock Market Loss Due to Fraud Claims
Adani Group stock market loss fraud claims: India’s Adani Group has been thrust into the spotlight following a dramatic $55 billion loss in market value, triggered by allegations of fraud against its founder, Gautam Adani, and senior officials. The indictment, filed by US prosecutors in New York on November 20, 2024, accuses the billionaire industrialist…