Fitch says most Indian corporates have natural hedges or strong FX cover on foreign-currency debt, though renewables, utilities and toll road operators remain more exposed to rupee weakness
Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there
President Joe Biden has made transparency reforms a key pillar of his foreign policy, vowing to tackle tax evasion and money laundering
'It is a watershed moment to have multiple female-led hedge fund launches,' says Dominique Mielle, a former partner and portfolio manager at Canyon Capital
Hedges up to 10 years are available in India, but are difficult to acquire