GQG Partners rebounds over 15%; co announces share buyback
Rajiv Jain-led GQG Partners, listed on Australia's ASX, saw a 15.5% rebound in its shares to AUD 2.46 on Friday, after a 19.3% drop following bribery charges in the U.S. against Gautam Adani and other Adani Group executives.
GQG Partners' stock plunges over 20% on US bribe, fraud charges against India's Adani
GQG Partners , which has a near 20% stake in India's Adani Group, saw its Australia-listed shares plunge 23% on Thursday after Gautam Adani, the conglomerate's chair, was indicted in the U.S. over charges of bribery and fraud.
Adani-backer GQG Partners to announce share buyback, claims report
Rajiv Jain-led GQG Partners Inc, one of the biggest investors and backer of Gautam Adani-led Adani Group, may buy back its own shares after they plunged on concern over the fund manager's exposure to the Indian conglomerate,
Backer GQG’s $10-billion Adani bet under threat
While GQG said more than 90% of its client assets are invested in issuers unrelated to the Adani Group, the investment firm’s depository receipts listed in Sydney slumped by a record 19%.
Who is Gautam Adani? Indian billionaire hit with fraud charges in U.S.
Adani, an Indian business magnate and one of the richest men in Asia, faces new allegations of fraud to secure solar energy supply contracts.
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government.
Meet Gautam Adani, the Indian billionaire and business tycoon who was just charged in a massive bribery case in the US
Gautam Adani, the world's 18th-richest person, came under scrutiny from both US prosecutors and a major short-selling group in recent years.
US indictment of Gautam Adani puts India Inc’s reputation on trial
US criminal and civil charges accusing the group’s founder Gautam Adani of involvement in a $265mn bribery scheme have startled Indian businesspeople and given potent ammunition to Modi’s parliamentary opponents.
Indian shares drop as Adani firms tumble on US bribery charges against group chairman
India's benchmark equity indexes fell on Thursday, dragged down by a plunge in Adani Group company stocks after U.S. authorities indicted Gautam Adani, the conglomerate's chairman, over his alleged role in a $265 million bribery scheme.
Adani Group shares plunge by double digits after U.S. accuses Indian billionaire Gautam Adani of bribery
Shares in Adani Enterprises, the group’s flagship company, fell by over 20%, helping erase an estimated $15 billion from Gautam Adani’s net worth.
Analysis: as Adani battles charges and stocks remain volatile, this is what investors should know
Shares of Adani Enterprises, the flagship company of the conglomerate, plunged 7% in early trade to hit a 52-week low of ...
GQG hiked stake in 4 Adani stocks, LIC booked profit in 2 in Q2
GQG Partners increased its stake in four Adani Group companies during the September quarter, while LIC reduced its holdings ...