India's Adani says US charges 'baseless', opposition demand arrest

The stiff denial came after shares in the industrialist's conglomerate nosedived nearly 20 percent in Mumbai, the morning after a bombshell indictment in New York accused him of deliberately misleading international investors.

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Chairperson of Indian conglomerate Adani Group, Gautam Adani addresses a gathering during the inaugural session of Vibrant Gujarat Global Summit 2024 in Gandhinagar on January 10, 2024. (AFP)

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