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flag Despite corruption allegations from the US DoJ, Nomura recommends Adani Group as an attractive investment.

flag Nomura, a Japanese brokerage, rated the Adani Group as an attractive investment despite recent allegations of corruption from the US Department of Justice (DoJ). flag The DoJ accused Adani of bribery and misinforming authorities, leading to arrest warrants. flag Nevertheless, Nomura expects bond price increases for Adani companies, and major Japanese banks plan to continue their relationship with Adani. flag The scandal could affect Adani's expansion and financing for solar projects in India.

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