India Rejects Settlement Plea by Global Funds Owning Adani Stock

India’s market regulator turned down settlement applications from overseas funds that once held significant stakes in Adani Group companies, according to people aware of the matter, resurfacing an yearslong dispute regarding ownership of the conglomerate’s stocks. India’s market regulator turned down settlement applications from overseas funds that once held significant stakes in Adani Group companies, according to people aware of the matter, resurfacing an yearslong dispute regarding ownership of the conglomerate’s stocks.