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GQG, Adani Group
GQG Launches Buyback After Stock Tumbles on Adani Probe
One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.
GQG Plans Buyback After Stock Slumped on Adani Investments
Rajiv Jain’s GQG Partners Inc., one of the biggest investors in units of Adani Group, said it will buy back its own shares after they plunged on concern over the money manager’s exposure to the embattled Indian conglomerate.
Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment
The stock closed 19.32% lower on Thursday, the investment firm’s steepest one-day fall since its listing on Oct. 2021.
2d
on MSN
Adani’s Fortune Sinks By $12.3 Billion As U.S. Indictment Triggers Stock Selloff
The Justice Department charged the Indian billionaire in connection with a $250 million bribery scheme allegedly used to ...
19h
on MSN
US bribery and fraud charges are a big test yet for India's Adani, one of Asia's richest men
Indian tycoon Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S.
2d
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 ...
1d
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 ...
1d
on MSN
Indian billionaire Gautam Adani's companies' stocks are crashing after he was indicted on bribery charges
New York prosecutors said billionaire Gautam Adani and seven of his execs paid massive bribes to the Indian government and ...
21h
Adani's bribery scandal raises concern on market, public disclosure lapses
In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report ...
1d
on MSN
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 ...
1d
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 ...
1d
on MSN
Stock exchanges seek clarification on disclosure violations by Adani Group entities
Stock exchanges have sought clarification on violation of disclosure norms by Adani Group entities regarding the alleged ...
21h
Adani Group could find funding harder after US indictment as banks review credit
Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, ...
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