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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
With at least six Mauritius-based funds that invested in Adani Enterprises’s scrapped share sale having links to the group, a potential conflict of interest problem looms.
As Indian parliamentarians call for an investigation into the Adani group, regulators are once again looking into the infrastructure conglomerate's Mauritius connection.
Earlier this month, the Securities and Exchange Board of India asked banks to share details on the beneficial owners of offshore funds and foreign portfolio investors by September this year. It is reportedly also looking at potential conflicts of interest in Adani Enterprises Ltd’s share sale process.
In particular, the regulator is investigating the relationship between two Mauritius-based funds—The Great International Tusker Fund and Ayushmat Ltd—which participated in Adani Enterprises’s $2.4 billion, or Rs 20,000 crore, follow-on public …
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
After a strong listing, Vedanta Aluminium Metal is running into some headwinds. Aluminium prices are easing, but the sharper challenge is rising competition from Kumar Mangalam Birla and Gautam Adani.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
