The Adani Group clarified that its executives, including Gautam Adani, were not indicted on bribery charges by US authorities but on securities fraud. The US actions caused significant financial and reputational damage,

Adani Energy Solutions led the surge, soaring 7.71 per cent, followed by gains in other group companies, signaling investor confidence despite ongoing allegations against the conglomerate

Indian shares ended higher on Wednesday, led by a rebound in Adani Group stocks after its subsidiary, Adani Green, clarified that key officials had not been charged with violations of the U.S. Foreign Corrupt Practices Act in last week's indictment.

India's lower house of parliament suspended proceedings for a second day on Wednesday after disruption by lawmakers calling for a discussion of U.S. accusations of bribery and fraud against the ports-to-power Adani Group.