Mystery surrounds fall in India's Adani Group shares
Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever
18 June 2021 - 16:14
Chennai — Shares of companies controlled by Indian billionaire Gautam Adani recorded their biggest weekly losses ever. The six stocks cumulatively lost 1.91 trillion Indian rupees ($25.83bn) of value over five days through Friday.
Indian newspaper Economic Times reported on Monday the accounts of three Mauritius-based funds, which are among the top foreign investors in Adani group companies, had been frozen by the National Securities Depository Ltd (NSDL)...
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