> BusinessVeteran Indian investor Rakesh Jhunjhunwla has cut down his stakes from 7.1 percent to 6.16 percent in Delta Corp according to latest exchange filings. As a result, the shares of Delta Corp have slumped over 4 percent. Delta Corp was incorporated in 1990 as a textile and real estate consultancy. The stocks of Delta Corp haven’t been doing well for a quarter. The guy who thinks democracy is a hindrance to India’s growth trajectory has been accused of insider trading by investors on Twitter following his shares trimming in Delta Corp and exit from steel stocks.

Source: Economic Times June 02, 2022 14:52 UTC