Shares in India\'s Adani plunge 10% after fraud claims
Flagship Adani Enterprises was down 9.89 percent or 338.95 rupees ($4.15) per share on the Mumbai bourse after midday
![A US investment firm claimed that Adani Enterprises had committed \brazen\ corporate fraud, a few days ago. DC File Image A US investment firm claimed that Adani Enterprises had committed \brazen\ corporate fraud, a few days ago. DC File Image](https://s3.ap-southeast-1.amazonaws.com/images.deccanchronicle.com/dc-Cover-3md40e4dsk4rgrv3ao5rchf4t4-20180330174629.Medi.jpeg)
A US investment firm claimed that Adani Enterprises had committed \"brazen\" corporate fraud, a few days ago. DC File Image
MUMBAI: Shares in the business empire of Asia's richest man Gautam Adani plunged nearly 10 percent Friday, days after a US investment firm claimed it had committed "brazen" corporate fraud.
Flagship Adani Enterprises was down 9.89 percent or 338.95 rupees ($4.15) per share on the Mumbai bourse after midday while subsidiary Adani Total Gas dropped 20 percent, triggering a trading halt in that stock.
( Source : AFP )
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