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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.
Adani Group could find funding harder
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, with some banks considering halting fresh credit to the Indian group due to an alleged $265 million bribery scheme.
Adani Group funding in focus after US indictment against founder
Bonds issued by the Adani Group dropped sharply for a second day on Friday, although some of its shares stabilised after steep losses the previous day following news of the warrant. Some global banks are considering temporarily halting fresh credit to the Adani Group but maintaining existing loans after the U.
Adani's troubles: Global banks weigh halting fresh credit to Adani after U.S. indictment
Global banks are reassessing their lending to India's Adani Group. This follows fraud charges against its founder, Gautam Adani, by US prosecutors. Banks may pause new loans but retain existing ones.
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 ...
22h
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
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 ...
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 ...
2d
on MSN
Shares in India's Adani Group plunge 20% after US bribery, fraud indictments
NEW DELHI -- Asia’s controversial richest man, Indian tycoon Gautam Adani, is again in the spotlight. His companies’ stocks ...
1d
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 ...
Swarajya
1d
Adani Group Stocks Rebound Up To 6 Per Cent After US Bribery Allegations Sparked Rs 2.2 Lakh Crore Sell-Off
Adani Group stocks staged a strong recovery on Friday (22 November), reversing early losses to surge by up to 6 per cent in midday trade. The rebound followed a sharp sell-off the previous day, ...
2d
on MSN
US charges tycoon Gautam Adani with defrauding investors, hiding plan to bribe Indian officials
One of the world’s richest people has been indicted in the U.S. on charges he duped investors in a massive solar energy ...
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