Commentary: US bribery case against Indian tycoon Adani is bad news for Modi
Business
The indictment will intensify political attacks on India Prime Minister Narendra Modi for his proximity to billionaire Gautam Adani, says Bloomberg Opinion’s Andy Mukherjee. HONG KONG: The United States Justice Department’s criminal charges against Gautam Adani pose the biggest threat yet to the Asian tycoon’s US$169 billion empire. More importantly, though, it’s also a missed opportunity for India’s opposition, an unexpected gift to president-elect Donald Trump, and an all-around embarrassment
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