Adani aides meet Trump team to push for end to US bribery case, Bloomberg News reports By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 05 2025
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Source: Investing.com
Adani's Legal Troubles: Indian billionaire Gautam Adani and his nephew face criminal charges in a U.S. bribery probe, with discussions ongoing to seek dismissal of these charges, potentially resolving within a month.
Market Impact: The indictment has led to a significant loss of approximately $13 billion in market value for Adani Group's listed companies, although shares saw an increase of up to 10.5% recently amidst broader market gains.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
