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Adani stocks surge as US closes DOJ, SEC and OFAC cases against Group executives
Adani Group companies witnessed gains on Tuesday after US authorities closed a series of legal and regulatory proceedings involving chairman Gautam Adani and his nephew Sagar Adani, easing a major uncertainty that had weighed on investor sentiment and the con…
US DoJ drops charges against Adanis, others
US authorities have dropped criminal charges against Gautam Adani and Adani Group executives. This follows a 19-month investigation. The conglomerate also settled civil sanctions charges with the US Treasury Department for $275 million. These developments ope…