India Business News: MUMBAI: Markets regulator Sebi found that a dozen offshore funds invested in Adani Group companies were in violation of disclosure rules and in breach.
India s markets regulator found a dozen offshore funds invested in Adani group companies were in violation of disclosure rules and in breach of investment limits, two people with direct knowledge of the matter said on Monday. They declined to be named as they not authorised to speak to media.
US Markets Dip on Economic Data and China Trading Restrictions Dow Slips 0.7%, S&P and Nasdaq Down 0.3% and 0.2% Respectively US Non-Manufacturing PMI Hits 4-Month High at 53.4 US Dollar at 11-Week High, Yields Rise to 4.16% Asian Markets Slide Following China's Trading Curbs China Tightens Restrictions on Domestic and Offshore Investors to Curb Stock Rout Nikkei Declines
Edelweiss Alternatives manages several funds spanning performing credit (corporate and real estate), special situations and real assets (infrastructure yield and commercial real estate), with total assets under management of about $6.3 billion.
The Supreme Court on Friday stayed a Delhi HC ruling in favour of Blackstone that said tax residency certificates were sufficient for availing benefits from double tax avoidance agreements