Try GOLD - Free
ADANI STOCKS PLUMMET 20°/o AMID BRIBERY CHARGES
The Daily Guardian
|November 22, 2024
Adani Group stocks plummeted after US bribery charges against Gautam Adam, erasing Rs 2.6 lakh crore in market Value.
-
Gautam Adani-led Group stocks bled up to 20 per cent during the trading session on Thursday with a number of these high beta counters hitting lower circuits for the day. Amid this sharp selloff, investors of 10-listed Adani Group counters lost more than as much as Rs 2.60 lakh crore at the opening tick.
Adani stocks were tumbling sharply lower on Thursday after US prosecutors indicted billionaire Gautam Adani and seven other senior business executives in connection with an alleged $250 million bribery scheme that they said was concealed from US investors.
This story is from the November 22, 2024 edition of The Daily Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Daily Guardian
The Daily Guardian
Delhi Govt launches 'Atal Canteen Scheme' to offer Rs 5 meals to poor
In a bid to promote social equality and food security, the Rekha Gupta-led Delhi government has launched the 'Atal Canteen Scheme', offering clean, hot and nutritious meals to the poor daily wage earners and common citizens at a subsidised rate of just Rs 5.
1 mins
November 08, 2025
The Daily Guardian
India slams Pakistan over ‘secret’ nuclear tests
India on Friday hit out at Pakistan over reports of its alleged secret nuclear testing activities, following remarks by US President Donald Trump, describing Islamabad’s conduct as “clandestine and illegal” and in line with its longstanding record of proliferation and smuggling networks.
1 mins
November 08, 2025
The Daily Guardian
HIGH-OCTANE BIHAR POLL WAR: NDA PUSHES 'SUSHASAN', OPPN CRIES 'FRAUD'
As Bihar nears phase two of polling, Modi, Shah and Rahul traded sharp blows over \"jungle raaj\" and voter fraud.
2 mins
November 08, 2025
The Daily Guardian
Over 100 flights delayed at Delhi airport after ATC system glitch
Flight operations at Delhi’s Indira Gandhi International Airport (IGIA) were severely affected on Friday after a technical glitch in the Air Traffic Control (ATC) system caused delays to over 100 flights, prompting multiple airlines to issue passenger advisories.
1 mins
November 08, 2025
The Daily Guardian
DELHI AIR QUALITY DIPS TO ‘VERY POOR’ CATEGORY, OVERALL AQI STANDS AT 312
Delhi’s air quality worsens, winter haze and pollution impactresidents’ health.
1 mins
November 08, 2025
The Daily Guardian
US ignored Pakistan's nukes for Afghan war gains: ex-CIA officer
Former CIA intelligence officer Richard Barlow has revealed that the United States wilfully turned a blind eye to Pakistan's clandestine nuclear weapons development during the 1980s in exchange for Islamabad’s cooperation in channelling covert military aid to the Afghan Mujahideen fighting Soviet forces.
2 mins
November 08, 2025
The Daily Guardian
NHAI moves to fix Subroto Park bottleneck
The National Highways Authority of India (NHAI) has begun work to widen the left-hand carriageway (towards Gurugram) from two lanes to four at Subroto Park Air Force Station in New Delhi.
1 min
November 08, 2025
The Daily Guardian
'A mantra, a dream, a resolve': PM marks 150 years of Vande Mataram
Prime Minister Narendra Modi on Friday inaugurated the yearlong commemoration of 150 years of India’s national song Vande Mataram in New Delhi, calling it “a mantra, an energy, and a dream that embodies devotion to Maa Bharati.”
2 mins
November 08, 2025
The Daily Guardian
RBI reforms turned SBI from being in loss to $100 bn company: Governor Malhotra
The State Bank of India (SBI) has transformed from being in loss in 2018 to now becoming a USD 100 billion company due to the regulatory and structural reforms implemented over the past decade by the Reserve Bank of India (RBI), stated Governor Sanjay Malhotra.
1 mins
November 08, 2025
The Daily Guardian
NDA Govt failed to deliver on its promises in Bihar, INDIA bloc will, asserts Kharge
Congress president Mallikarjun Kharge on Friday accused the BJP of failing to fulfil its promises in Bihar, asserting that if voted to power, the INDIA bloc government will implement whatever it has promised in its manifesto.
2 mins
November 08, 2025
Listen
Translate
Change font size