Adani Green Energy, at the centre of the case, was down 8 per cent in early trade, and has lost a total of US$7 billion in market value since news of the indictment. The conglomerate's stocks have seen their combined market value fall by US$33 billion (S$44 billion).
US prosecutors charged Adani and seven others with agreeing to pay bribes to Indian government officials to obtain contracts that could yield US$2 billion of profit over 20 years and to develop India's largest solar power plant project.
Bu hikaye The Straits Times dergisinin November 23, 2024 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin November 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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