India regulator probing Adani deals with three offshore units for possible violations

India regulator probing Adani deals with three offshore units for possible violations

Gautam Adani Photographer: Adeel Halim/Bloomberg

India‘s market regulator is investigating possible violation of ‘related party’ transaction rules in the Adani Group’s dealings with at least three offshore entities that have links to the brother of the conglomerate’s founder, two people said.