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India regulator probing ties between Adani Group and Gulf Asia fund | Reuters News Agency

October 11, 2023

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Business & FinanceDealsEconomyGovernment

11 October 2023, 11:50 am 1 minute

Reuters exclusively reported that India’s market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if there has been a violation of share ownership rules.

Market Impact

Shares of Adani Enterprises (ADEL.NS) and Adani Ports (APSE.NS) turned negative after the report and were trading down 0.1% and 0.5%, respectively.

Article Tags

Topics of Interest: Business & FinanceDealsEconomyGovernment

Type: Reuters Best

Sectors: Business & FinanceEconomy & Policy

Regions: Asia

Countries: India

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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India regulator probing ties between Adani Group and Gulf Asia fund | Reuters News Agency

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