The Adani Group experienced its worst trading day since the Hindenburg controversy, with a Rs 2.25 lakh crore market cap drop following bribery charges against Gautam Adani and other executives by US prosecutors. Adani’s net worth plunged by $10.5 billion, and shares of Adani companies plummeted, impacting bond markets and prompting concern from investors like GQG Partners.
| Subscribe To Our Free Newsletter |
