The funds own more than 435 billion rupees ($6 billion) in four Adani group firms, the report said, adding that the frozen accounts won’t be able to sell or buy new securities.
The crude flows in the Strait of Hormuz largely originate from Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, and Qatar and move to China, India, Japan and South Korea.
Analysis of IAF proposal shows that the true Make in India component is much lesser than expected, therefore negotiations will focus on increasing that component.
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