Adani Group stocks rise up to 3.5% as US drops criminal charges against Gautam Adani, boosting investor confidence.

The US Justice Department is close to dropping criminal fraud charges against Mr Adani.

U.S. prosecutors are moving to drop charges against Indian billionaire Gautam Adani, one of the world's richest men.

MUMBAI: The legal cases that the Adani Group and its various top officials, including Gautam Adani, the group’s chairman, were facing in the US came to an end on Monday.