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India's Adani shares slump after freeze placed on foreign funds


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The logo of the Adani Group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave/File photo
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Shares in companies controlled by Indian billionaire Gautam Adani shed more than $6 billion on Monday despite rejecting media reports that said accounts of three foreign investor funds that own stocks had been frozen.
Adani Group flagship Adani Enterprises (ADEL.NS) closed down 6.3% after plunging as much as 25%, its steepest fall in nearly a decade.
The freezing of the three accounts was first flagged in an article in India s Economic Times on Monday. ....

Mukesh Ambani , Gautam Adani , Thomson Reuters Trust Principles , Cresta Fund , National Securities Depository Ltd , Adani Total Gas Ltd , Adani Enterprises , Albula Investment Fund , Adani Group , Adani Ports Ltd , Investment Fund , Reliance Industries , Adani Ports , Special Economic Zone , Chairman Gautam Adani , Adani Transmission , Sports Ltd , Adani Green , Economic Times , Thomson Reuters Trust , முகேஷ் அம்பானி , கௌதம் அதானி , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , க்ரெஸ்டா நிதி , தேசிய பத்திரங்கள் வைப்புத்தொகை லிமிடெட் , அதானி மொத்தம் வாயு லிமிடெட் ,