Shares of various firms, led by Jindal Steel, on Monday fell by up to 2.3 % 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 %, Essar Shipping lost 2 % and Videocon Industries fell by 1.82 % on BSE.
Shares of Sun TV Network fell by 1.74 %, GMR Infrastructure declined by 1.57 % and Apollo Tyres dipped 0.88 %.
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).