{"id":420820,"date":"2021-06-17T08:38:06","date_gmt":"2021-06-17T03:08:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420820"},"modified":"2021-06-17T09:29:50","modified_gmt":"2021-06-17T03:59:50","slug":"adani-juggernaut-will-roll-on-but-it-needs-more-quality-investors","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-juggernaut-will-roll-on-but-it-needs-more-quality-investors\/","title":{"rendered":"Adani juggernaut will roll on but it needs more quality investors"},"content":{"rendered":"<p>Gautam Adani\u2019s debt-fueled empire received a jolt this week when the Economic Times reported that three of the six Mauritius-based funds that have invested most of their money in the Indian billionaire\u2019s stocks had seen their accounts frozen by the national share depository. <\/p>\n<p>The Adani Group refuted the report as \u201cblatantly erroneous,\u201d helping to put a floor below plunging share prices. But not before $6 billion of wealth was lost on Monday. The jitters returned the next day with an announcement that the accounts for Cresta Fund Ltd., Albula Investment Fund Ltd. and APMS Investment Fund Ltd. are in \u201csuspended for debit\u201d status as per a Securities and Exchange Board of India regulation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gautam Adani\u2019s debt-fueled empire received a jolt this week when the Economic Times reported that three of the six Mauritius-based funds that have invested most of their money in the Indian billionaire\u2019s stocks had seen their accounts frozen by the national share depository. The Adani Group refuted the report as \u201cblatantly erroneous,\u201d helping to put a floor below plunging share prices. But not before $6 billion of wealth was lost on Monday. The jitters returned the next day with an announcement that the accounts for Cresta Fund Ltd., Albula Investment Fund Ltd. and APMS Investment Fund Ltd. are in \u201csuspended [&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-420820","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\/420820","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=420820"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420820\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}