Billionaire Gautam Adani and his executives have been accused of paying bribes to obtain solar energy contracts. The allegations by US prosecutors raised a political firestorm back home and tanking of Adani Group shares. Adani Group stocks lit up Dalal Street on Wednesday, adding a massive Rs 48,550 crore in market capitalization in a single session, as investors cheered strong quarterly earnings from key group companies — led by Adani Green Energy and Adani Total Gas — signaling renewed momentum across the conglomerate’s diversified portfolio. News Business Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Post report claims Govt directed LIC to invest $3.9 bn in Adani , insurer says ‘baseless’ Congress asks: Under whose pressure did officials of Finance and NITI Aayog decide to bail out a private company? Adani Group stocks were on a strong upward trajectory on Wednesday, with Adani Green Energy, Adani Total Gas, and Adani Energy Solutions Limited leading the rally.
