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Exclusive-India regulator probing ties between Adani Group and Gulf Asia fund, say sources

India's market regulator is investigating the relationship between the Adani Group and a fund incorporated in the British Virgin Islands to see if there has been a violation of share ownership rules, two sources with direct knowledge of the matter said. The fund is called Gulf Asia Trade & Investment, the sources said. It is owned by Dubai businessman Nasser Ali Shaban Ahli, according to checks of its website last month although the site has since been pulled down. ....

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Tropical Storm Philippe brings increasing risk of tropical storm conditions for Bermuda

FORT LAUDERDALE, Fla. — Tropical Storm Philippe began shifting away from the far eastern Caribbean islands late Tuesday afternoon, but heavy rains and strong winds are expected to continue through Wednesday, according to the National Hurricane Center. Philippe’s maximum sustained winds were holding at 45 mph as of 5 p.m. and are expected to reach a maximum of 60 mph by Saturday, well below the . ....

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