Adani Group Valuation Surges on Overseas Investment, Regulatory Support, Infrastructure Plans
• U.S. government agency provided $553 million investment in Adani Ports project, concluding Hindenberg allegations not relevant
• Supreme Court hearing upheld confidence in SEBI's investigation into Hindenberg allegations
• Adani Group plans $100 billion capital expenditure over next 10 years to expand infrastructure businesses
• Adani Green Energy raised $1.36 billion in one of Asia's largest project finance deals from international banks
• BJP's strong performance in recent state elections erased concerns about 2024 general elections, driving market rally