
Jan, 26 2025
Adani Group Faces Critical Setback as Kenya Terminates Major Deals Amid US Bribery Allegations
The Adani Group's stock experienced major drops in value after Kenya cancelled substantial deals with the conglomerate. This was in response to bribery charges against its founder, Gautam Adani. These developments underscore significant financial repercussions for Adani's businesses due to the ongoing legal issues. The development has also led to political debates in India regarding potential risks to the nation's foreign policy.