Paradise Papers: Jindal Steel, Videocon, others down up to two percent

Shares of various firms, led by Jindal Steel, today fell by up to 2.3 percent amid reports that their names have cropped up in the leaked list of 'Paradise Papers' of companies.

Published: 06th November 2017 11:23 AM  |   Last Updated: 06th November 2017 11:56 AM   |  A+A-

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India ranks 19 in number of names out of 180 countries represented in the Paradise Papers' data. There are 714 Indians in the list. (Photo | Reuters)

By PTI

NEW DELHI: Shares of various firms, led by Jindal Steel, today fell by up to 2.3 percent amid reports that their names have cropped up in the leaked list of 'Paradise Papers' of companies.

The scrip of Jindal Steel & Power went down by 2.32 percent, Essar Shipping lost 2 percent and Videocon Industries fell by 1.82 percent on BSE.

Also, shares of Sun TV Network fell by 1.74 percent, GMR Infrastructure declined by 1.57 percent and Apollo Tyres dipped 0.88 percent.

As per reports, in all, there are 714 Indians in the tally.

The Paradise Papers is an investigation into offshore and banking assets carried out by the Indian Express with the International Consortium of Investigative Journalists (ICIJ).

 

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