Posted inIndia

India’s Adani group companies’ shares nosedive

Shares of Adani group companies, promoted by India’s second richest man, Gautam Adani, suffered reverses on Monday following media reports of freezing of the accounts of three foreign portfolio investors that had invested heavily in the infrastructure conglomerate. The National Securities Depository has frozen the accounts of Albula Investment Fund, Crest Fund and APMS Investment […]