May be because Mauritius is money laundering hub for Giant Indian corporate houses. Every corporate house has so called
investment fund there controlled or fully own. Money round tripping in India though Mauritius. May be they decided to go tougher and want to clean their image. Something happening behind the door
Albula Investment Fund, Cresta Fund and APMS Investment Fund hold about $6 billion in Indian Stock market .Funny part is 95% money invested in one group company (Adani group).
Nobody knows who owns this fund ?
Even with billion dollar investment these Mauritius bases investment fund does not have working website.
Billionaire plunged down the wealth rankings after media reports raised transparency concerns around his conglomerate.
www.aljazeera.com
You will be shocked all this Fake invoices, Money laundering happen in Day-light . Funny things happening in India.
Latest Shares held by Apms Investment Fund Ltd . Apms Investment Fund Ltd has holdings in 10 stocks as per public records.
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Latest Shares held by Cresta Fund Ltd . Cresta Fund Ltd has holdings in 11 stocks as per public records.
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Latest Shares held by Albula Investment Fund Ltd . Albula Investment Fund Ltd has holdings in 14 stocks as per public records.
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