According to the SEC complaint, had Musk disclosed his ownership of shares in Twitter before his $44 billion deal, stock prices would have been significantly higher.
ThePrint Explorer looks at high-profile corruption cases around the world that preceded the Foreign Corrupt Practices Act in the US, which has stirred up trouble for Adani Group.
Adani Green Energy, at the centre of the SEC indictment, suffers a fall of 18.95 percent, while Adani Enterprises, the group's flagship firm, sees its market cap fall by 73,502 crore.
US court indictment names several current, former executives of Adani Group and Azure Power. On being probed by US authorities, Azure Power allegedly took steps to deflect blame from itself.
Statement comes after US court & Securities & Exchange Commission indicted Adani Group chairman Gautam Adani & several others for allegedly planning to bribe Indian state govt officials.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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