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Adani Group Faces Allegations Of Stock Manipulation And Fraud, Shares Removed From 'US Market'

Times Now logo Times Now 03-02-2023
Adani Group Faces Allegations Of Stock Manipulation And Fraud, Shares Removed From 'US Market'
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As per the latest updates coming from Times Now, this is a big setback for the Adani Group. The Sensex is suffering a bloodbath in the Indian market, but Adani's shares are suffering in the US market. S&P Dow Jones has said it will remove Adani Group's flagship firm, Adani Enterprises, from sustainability indices with effect from February 7, following a media and stakeholder analysis triggered by allegations of accounting fraud. The move comes as the BSE and NSE have placed three Adani Group companies under their short-term additional surveillance measure (ASM) framework: Adani Enterprises, Adani Ports and Special Economic Zone, and Ambuja Cements.#adanigroup #adanishare #adanistock #adanienterprises #Hindenburg

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