Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York
India’s Adani Group saw shares of its companies plunge Thursday after its billionaire chairman Gautam Adani was indicted in a New York federal court over his alleged involvement in an extensive bribery and fraud operation. The 62-year-old billionaire and the seven other defendants have been accused of paying over $250 million in bribes to Indian government officials to …