Stay updated with breaking news from Ashwanee Ramsurrun. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Some Mauritius-based funds made outsized investments into a small group of small-cap companies. In some funds, the identity of the ultimate beneficial owner remains a mystery
Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala operator’ said to be behind the Mahadev Online betting app scandal