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MONEYWEB app instead? Being probed by the country’s markets regulator over compliance with local securities rules. By Anurag Kotoky, Bloomberg 20 Jul 2021  07:04  Gautam Adani. Image: Tomohiro Ohsumi Firms controlled by Indian billionaire Gautam Adani fell for a second day Tuesday, after the junior finance minister told parliament that some of them are being probed by the country’s markets regulator over compliance with local securities rules. Besides the Securities and Exchange Board of India, Directorate of Revenue Intelligence, or DRI, is also “investigating certain entities” belonging to the Adani Group for compliance to another set of local laws, junior Finance Minister Pankaj Chaudhary said in response to a lawmaker’s question in the Indian parliament on Monday. Chaudhary didn’t elaborate on the investigations or name the Adani group companies being probed.

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