Adani Group stocks rose up to 6% amid reports that the Trump administration is backing away from foreign bribery cases. This follows the US administration’s executive order pausing prosecutions under the Foreign Corrupt Practices Act, affecting ongoing legal scrutiny of Adani’s alleged $265 million bribery scheme.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj