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