India's Adani Group on Thursday called US charges that their billionaire tycoon founder Gautam Adani had paid more than $250 million in bribes "baseless", as the opposition leader demanded his arrest.
The stiff denial came after shares in the industrialist's conglomerate nosedived more than 23 percent in Mumbai, the morning after a bombshell indictment in New York accused him of deliberately misleading international investors.
