US bribery and fraud charges are a big test yet for India’s Adani, one of Asia’s richest men
NEW DELHI, November 22, 2024 (AP) — Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government. On Friday, shares in some of the Adani Group’s companies began ticking back up after they plunged a day earlier following the announcement of the charges in New York. The stock prices of six of his 10 listed companies rose slightly, between 1%