{"id":420639,"date":"2021-06-16T08:40:51","date_gmt":"2021-06-16T03:10:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420639"},"modified":"2021-06-16T09:17:57","modified_gmt":"2021-06-16T03:47:57","slug":"barred-or-not-adani-investors-fret-over-three-mauritius-based-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/barred-or-not-adani-investors-fret-over-three-mauritius-based-funds\/","title":{"rendered":"Barred or not? Adani investors fret over three Mauritius-based funds"},"content":{"rendered":"<p>Confusion over three Mauritius-based funds that whipsawed shares of companies controlled by Indian billionaire Gautam Adani this week has underscored a deeper risk for investors in such stocks owned by opaque entities. <\/p>\n<p>Shares of Adani\u2019s firms nosedived Monday after a local media report said accounts of these funds \u2014 owning about $6 billion of shares across the conglomerate \u2014 were frozen by India\u2019s national share depository. The Economic Times said the action was taken probably due to insufficient information on the owners, citing people it didn\u2019t identify. The stocks recouped losses after the conglomerate refuted it. A Tuesday filing stoked doubts again after Adani group said the three funds were facing some suspension due to a years-old regulatory order.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Confusion over three Mauritius-based funds that whipsawed shares of companies controlled by Indian billionaire Gautam Adani this week has underscored a deeper risk for investors in such stocks owned by opaque entities. Shares of Adani\u2019s firms nosedived Monday after a local media report said accounts of these funds \u2014 owning about $6 billion of shares across the conglomerate \u2014 were frozen by India\u2019s national share depository. The Economic Times said the action was taken probably due to insufficient information on the owners, citing people it didn\u2019t identify. The stocks recouped losses after the conglomerate refuted it. A Tuesday filing stoked [&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-420639","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\/420639","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=420639"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420639\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}