India's Adani group stocks rise after US court dismisses criminal case against founder
BUZZ-India's Adani group stocks rise after US court dismisses criminal case against founder ** Shares of Adani Group companies rise after a U.S. judge dismissed criminal fraud and bribery charges against billionaire founder Gautam Adani
** Adani Enterprises ADEL.NS rises 0.45% to 3009.5 rupees, Adani Green Energy ADNA.NS gains 1.24% to 1370.3 rupees, Adani Energy Solutions ADAI.NS up 1.95% to 1645.2 rupees
** Other group companies, including Adani Ports APSE.NS up 0.29% to 1678.6 rupees and Adani Power ADAN.NS climb 0.73% to 210.7 rupees
** U.S. Justice Department had said it would no longer pursue the case, calling it primarily foreign, difficult to prove and inconsistent with its current priorities
** Adani Group has consistently denied wrongdoing; Gautam Adani says he welcomes the court's decision
(Reporting by Surbhi Misra in Bengaluru)
((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))
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