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Shares in major Adani investor GQG plunge
Adani investor GQG's shares plunge over 15% after UBS downgrades stock, cuts target price
UBS also cut its target price on the firm from AU$3.30 to AU$2.30, and this marks the Swiss bank's first ever downgrade of the stock since its listing.
Major Adani investor GQG shares fall 13% after analyst downgrade
Shares of Australian-listed GQG Partners fell 13% on Monday after UBS analysts downgraded the stock and estimated the firm could have lost A$600 million ($390 million) in funds under management following the Adani Group indictment.
Investors pull $1.5b from GQG amid Adani allegations
The Adani bribery charges have sparked a “snap change” in client flows for the fund manager and research analysts are cutting their price targets.
Adani, Bangladesh
Adani Power says no indication of Bangladesh reviewing power deal
Adani Power on Monday said it has no indication that the Bangladesh government is reviewing a power purchase agreement with the company, a day after Reuters reported that the country is looking to renegotiate the deal.
No indication of B'desh reviewing power deal: Adani Power amid indictment
Reuters reported on Sunday that Bangladesh wants to sharply lower prices under the deal with Adani Group, unless it is cancelled by a court that has called for an investigation into the 25-year deal
Bangladesh Wants to Renegotiate Adani Power Deal, Reuters Says
Bangladesh wants to renegotiate its power purchase deal with Adani Group if the agreement isn’t canceled by a court, Reuters reported, citing the head of its power ministry.
Gautam Adani Breaks Silence on US Indictment
India's Adani says his group is committed to compliance after US bribery and fraud charges
Indian tycoon Gautam Adani says his conglomerate is committed to “world-class regulatory compliance" after being indicted in the U.S. on fraud charges and an alleged bribery scheme worth millions of dollars,
Gautam Adani Breaks Silence on US Indictment to Say His Group Is Committed to Compliance
Adani Group founder Gautam Adani responded for the first time on Saturday to allegations by U.S. authorities that he was part of a $265 million bribery scheme, saying that his ports-to-power conglomerate was committed to world class regulatory compliance.
Gautam Adani breaks silence on US allegations of bribery
Gautam Adani breaks silence on US allegations to say his group is committed to compliance:: Gautam Adani, Adani Group founder"Less than two weeks back, we faced a set of allegations from the U.S. about compliance practices at Adani Green Energy.
2h
India's parliament suspended after disruptions over Adani allegations, other issues
Both houses of Indian parliament were suspended on Monday after disruptions by opposition groups demanding a discussion on ...
1m
Adani Green Energy shares jump 9% in morning trade
Adani Green Energy Ltd. is at the heart of allegations of USD 265 million bribes allegedly being paid to Indian officials to ...
Business Line
7h
Adani Ports to handle 1 billion ton cargo by 2030; capex of ₹80,000 in next 4-5 years
Adani
Ports and Special Economic Zone is targeting to double its cargo handling volume and reach 1 billion ton cargo by ...
India Today on MSN
1h
Is Adani Ports stock at Rs 1,960? Here's what brokerages say
Although the stock has dropped sharply over the last three months, it remains nearly 15% higher year-to-date in 2024.
3h
Gautam Adani rebuffs US legal challenges at Jaipur awards ceremony
Indian tycoon Gautam Adani said his conglomerate is committed to “world-class regulatory compliance” after being indicted in ...
Business Daily Africa
14h
Arror, Kimarwer dams back in Adani-type deal
The listing of the dams under PPP projects signals that Kenya is losing interest in funding the multi-billion shilling ...
1d
on MSN
Billionaire Gautam Adani Decries ‘Baseless’ U.S. Indictment Accusing Him Of $250 Million Bribery Scheme
The Adani Group founder broke his silence by condemning the charges, saying he would seek “all possible legal recourse.” ...
22h
Adani Says His Empire Will Emerge Stronger After US Bribery Case
Indian billionaire Gautam Adani struck a combative tone in his first public remarks since US prosecutors indicted him in a ...
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