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 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.
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares ...
This fall is set to be the largest one day fall since the firm's listing on Oct. 2021, should the losses hold.
GQG Partners' shares fell as much as 25% on Thursday after Adani Group chair Gautam Adani was charged in New York. The ...
Rajiv Jain and CEO Tim Carver, who collectively have over $1 billion invested in GQG strategies, are deeply entangled in the ...
Rajiv Jain-led GQG Partners Inc, one of the biggest investors and backer of Gautam Adani-led Adani Group, may buy back its ...
GQG said in a regulatory filing that it will repurchase 2.9 billion securities over a year, starting November 25 ...
The Rajiv Jain-led firm has infused around ₹80,000 crore in Adani Group companies, including Adani Ports, Adani Green Energy, ...
Even as GQG Partners released the statement, the biggest investor in the Adani Group's stock also was not spared. On the ...
GQG Partners, Inc. Shs Chess Depository Interests Repr 1 Sh (AU:GQG) has released an update. Don't Miss our Black Friday Offers: Unlock your investing potential with TipRanks Premium - Now At 40 ...
GQG Partners increased its stake in four Adani Group companies during the September quarter, while LIC reduced its holdings ...
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