{"id":420349,"date":"2021-06-15T08:44:13","date_gmt":"2021-06-15T03:14:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420349"},"modified":"2021-06-15T09:00:10","modified_gmt":"2021-06-15T03:30:10","slug":"four-foreign-funds-in-limelight-for-skewed-investment-in-adani-group-firms","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/four-foreign-funds-in-limelight-for-skewed-investment-in-adani-group-firms\/","title":{"rendered":"Four foreign funds in limelight for skewed investment in Adani group firms"},"content":{"rendered":"<p>At least 4 foreign funds are in the limelight for their skewed investment in Adani group companies. Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have investment in a number of domestically listed firms besides the Adani group firms. <\/p>\n<p>However, the value of their holdings in Adani group stocks is between 94.7% and 98%, raising eyebrows over their investment decisions. Albula, APMS and Cresta are registered as FPI under Category I with Sebi. The registered address for all the three funds is on Edith Cavell Street Port Louis, Mauritius. <\/p>\n<p>The group said all 3 funds have been investors for over a decade and their ownership in other group firms is due to demergers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At least 4 foreign funds are in the limelight for their skewed investment in Adani group companies. Elara India Opportunities Fund, Albula Investment, APMS Investment and Cresta Fund have investment in a number of domestically listed firms besides the Adani group firms. However, the value of their holdings in Adani group stocks is between 94.7% and 98%, raising eyebrows over their investment decisions. Albula, APMS and Cresta are registered as FPI under Category I with Sebi. The registered address for all the three funds is on Edith Cavell Street Port Louis, Mauritius. The group said all 3 funds have been [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-420349","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420349"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420349\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}