Adani Group Stocks Lose $12.5 Billion After US SEC Seeks Court Nod to Email Summons

Shares of Adani Group companies erased nearly $12.5 billion in market capitalisation on Friday after the US Securities and Exchange Commission sought court permission to serve summons to group founder Gautam Adani and executive Sagar Adani via email in connection with an alleged bribery and fraud investigation. Adani Enterprises Leads Declines On Friday, Adani Enterprises … Continue reading Adani Group Stocks Lose $12.5 Billion After US SEC Seeks Court Nod to Email Summons