Today, On 27th November, Gautam Adani and several executives from Adani Green faced allegations of securities law violations related to a bribery scheme in India. The U.S. SEC’s complaints and criminal indictments indicate serious legal challenges for the Adani Group, leading to significant financial losses and declines in stock prices for Adani Green.
The Competition Commission of India fined Meta Rs. 213.14 crore for abusing its market dominance related to WhatsApp’s 2021 privacy policy, which forced users to accept new data-sharing terms. The CCI issued cease-and-desist orders, requiring changes to data handling practices, including opt-out options and transparency in data sharing.