New Delhi, May 19 -- The US Department of Justice's move to permanently dismiss all alleged criminal fraud charges against industrialist Gautam Adani and his nephew, Sagar Adani, is a very positive development and will help the Adani Group go full throttle to expand its business overseas, experts have said.

Power Gilt Treasuries Director, Vineet Nahata, said Indian stock markets have also responded positively to the development.

"This is a very positive move. Our stock markets, too, have given it a green signal... In the context of this Adani case, the doubts that Foreign Institutional Investors (FIIs) harboured regarding the corporate governance and the authenticity of the books of accounts of Indian companies have effectively been dis...