Adani stocks rally up to 6% as Trump sarkar retreating from foreign bribery cases

Adani stocks rally up to 6% as Trump sarkar retreating from foreign bribery cases

Adani Group stocks rallied up to 6% on Tuesday amid reports that the Trump administration is backing away from some cases involving foreign bribery. Adani Power was trading around 6% higher at Rs 548, while Adani Green, Adani Energy Solutions, Adani Enterprises, Adani Ports, and NDTV were up around 4–5% each, as the news is … Read more

Goldman Sachs gets record 1MDB fine; CEO faces clawback

Goldman Sachs gets record 1MDB fine; CEO faces clawback

New York: Goldman Sachs Group will pay a record foreign bribery penalty in the US and will enter a guilty plea for the first time ever for its role in the plundering of Malaysia’s 1MDB investment fund. A Goldman subsidiary in Malaysia pleaded guilty to a single charge for its role in a scheme to … Read more