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Adani stocks recoup, legal challenges ahead
November 23, 2024
|The Free Press Journal
Stocks of the Adani Group rebounded on Friday, after witnessing a sharp sell-off triggered by US government allegations of bribing, which the group has vehemently denied as "baseless".
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Seven of the 11 group stocks ended the day with gains, demonstrating resilience despite ongoing legal and market pressures.
None other than the White House acknowledged the allegations during a press briefing, emphasizing that while the US Department of Justice and Securities and Exchange Commission will handle the case, the foundation of India-US relations remains solid and it can navigate the ongoing crisis.
هذه القصة من طبعة November 23, 2024 من The Free Press Journal.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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