Promoters Ajit Issac and Fairbridge Capital Ltd on Monday sold 3.39% equity stake in Quess Corp Ltd, the business services provider, via an open market transaction. Ajit Issac and Fairbridge Capital sold 2 and 3 million equity shares respectively of the total paid-up equity in Bengaluru-based provider of technological and business service at an average price of ₹900 per share …
Confusion over three Mauritius-based funds that whipsawed shares of companies controlled by Indian billionaire Gautam Adani this week has underscored a deeper risk for investors in such stocks owned by opaque entities. Shares of Adani’s firms nosedived Monday after a local media report said accounts of these funds — owning about $6 billion of shares across the conglomerate — were …
