India believes WTO's farm subsidy rules could limit its ability to purchase food at government-set prices, as part of its public stockholding programmes for food security purposes.
The major investment comes amid allegations by U.S.-based short seller Hindenburg against the Adani group; FPO, which has received a tepid response so far, was subscribed just 3% by Monday.
With over $4 billion in losses, Abu Dhabi-based Etihad Airways wants other investors to provide the majority of Jet Airways’ recapitalisation, which could be around $3 billion.