Abu Dhabi's ADIA Sells Shares Worth Rs 421 Cr in Kotak Mahindra

Abu Dhabi Investment Authority (ADIA), one of the world's biggest sovereign wealth funds, sold Rs 421 crore ($70.2 million) worth of shares in India's Kotak Mahindra Bank Ltd in stock market deals on Monday, exchange data showed. ADIA sold about 4.8 million shares at Rs 874.55 a piece, according to data from the Bombay Stock Exchange. Kotak Mahindra shares ended down 1.3 per cent at Rs 870.90, while the main Mumbai market index ...