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Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there

President Joe Biden has made transparency reforms a key pillar of his foreign policy, vowing to tackle tax evasion and money laundering

'It is a watershed moment to have multiple female-led hedge fund launches,' says Dominique Mielle, a former partner and portfolio manager at Canyon Capital

Hedges up to 10 years are available in India, but are difficult to acquire