US prosecutors claim Adani paid over $250 million in bribes to Indian officials for lucrative solar energy contracts, while allegedly hiding these payments from investors. Adani Group has denied the charges, calling them “baseless” and vowing legal action.

From a stock crash to corporate fraud allegations, this marks another blow for the business tycoon closely linked to Indian PM Narendra Modi.

Will these allegations impact India’s business landscape? Nukta’s Pakistan editor, Amber Shamsi, breaks it down in this video.