Adani Enterprises, other Adani Group stocks jump up to 3%

May 15, 2026

Adani Group stocks saw a significant jump on Friday. Reports suggest US authorities may resolve fraud allegations against Gautam Adani. A settlement with the SEC for $18 million is also proposed. This development could lead to the dropping of criminal charges. The Adani Group is reportedly considering substantial US investments. This offers a major relief for the conglomerate.

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ITC’s tobacco business is going cheap but Kotak Institutional Equities thinks market has it wrong

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