Some respite! Adani Group stocks recover up to 6% day after US charges Gautam Adani

Adani Group stocks saw a midday surge on Friday, recovering from previous declines. This comes even as Kenyan President William Ruto's cancellation of a major airport expansion and power transmission project involving Adani, citing new information. The decision comes amidst bribery allegations against Adani by U.S. prosecutors, claims the company denies.

Nov 22, 2024 - 12:30
Some respite! Adani Group stocks recover up to 6% day after US charges Gautam Adani
Adani Group stocks saw a midday surge on Friday, recovering from previous declines. This comes even as Kenyan President William Ruto's cancellation of a major airport expansion and power transmission project involving Adani, citing new information. The decision comes amidst bribery allegations against Adani by U.S. prosecutors, claims the company denies.