Adani stocks: GQG Partners monitoring charges against Gautam Adani, says report
GQG has investments in Adani Green Energy, Adani Energy Solutions, Adani Power, Ambuja Cements and Adani Ports among Adani group companies.
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.
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 in two. These changes occurred before the recent allegations against Gautam Adani.
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%.
Investors vent rage on Adani stocks: GQG, bank shares and LIC get a hammering
Apprehensions about the Adani stocks spread to banking and LIC shares, and mutual funds — even engulfing key investor GQG in Australia
Adani bribery charges: GQG Partners says it would monitor charges, may review portfolio
GQG issued a statement indicating that they are closely monitoring the charges filed by the US Attorney's Office for the Eastern District of New York and the US Securities and Exchange Commission against Gautam Adani.
GQG Partners stock falls 25% after US bribery charges against Gautam Adani; firm says will review holdings
GQG stock fell 10% to AUD 2.38 on the Australian Securities Exchange after the Attorney's Office for the Eastern District of New York and the US SEC alleged that Gautam Adani participated in a $250 million bribery scheme to secure solar energy contracts in India.
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.
Adani Group market cap plummets Rs 2.2 lakh crore as stocks fall up to 20% on US bribery charges
Adani Enterprises saw the steepest decline, dropping more than 22.6 percent, followed by Adani Energy Solutions and Adani Green Energy, which fell by 20 percent and 18.8 percent, respectively
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GQG Partners stock in tailspin amid Adani bribery news; down over 20% in Australian markets
Even as GQG Partners released the statement, the biggest investor in the Adani Group's stock also was not spared. On ...
GQG loses Rs 8,170 cr on Adani shares; also skids 20% on Australian bourse
Shares of GQG Partners plunged 20% on the ASX (Australian Securities Exchange) on Thursday, eroding nearly ₹8,100 crore ...
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 ...