Adani, GQG

GQG doubles down on Adani amid $265 million bribery allegations, says fundamentals are strong
The scandal centers on Adani Green Energy, but GQG was quick to clarify the charges target individuals, not the company or its broader operations.
GQG Backs Adani Group —'Strong Fundamentals... Well Positioned For Future'
GQG Partners expressed continued confidence in Adani Group's fundamentals, emphasising the company’s position in India's infrastructure sector and its adherence to government regulation.
Gautam Adani ‘bribery’ case: GQG refuses to sell Adani shares; here’s why
American investment firm GQG Partners decided not to sell shares of Adani Group companies, stating that the exposure was manageable even during stock market volatility. The firm does not feel the US securities regulator’s claims will have any material impact on the group.
Why GQG’s moves matter more for Adani Group stocks than US court rulings
GQG's $10 billion stake in Adani Group stocks holds more weight than US Courts decisions, impacting market stability.
Adani Group Shares In Focus As GQG Partners Refuses To Sell Adani Shares Stating Long-Term Confidence
All 10 Adani Group stocks opened in the red during early trading hours on Tuesday, November 26, extending losses amid market volatility. Adani Green Energy emerged as the biggest loser, tumbling over 7% to Rs 898.
Adani Group's Financial Turmoil Deepens Amidst Bribery Allegations
Adani Group, led by billionaire Gautam Adani, faces increased scrutiny as U.S. bribery allegations lead to credit downgrades. The allegations involve a $265 million scheme linked to Indian power projects,
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 Says Adani Group Companies "Well-positioned For Future"
Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is "well-positioned for the future" and as of now it has "not changed our view on the prospects for these investments.
Level of exposure in Adani group stocks ‘manageable’: GQG
With a total asset base of $158.6 billion, the Florida-headquartered company has approximately 6.1% of its portfolio invested in Adani Group companies.
TotalEnergies halts new financial contributions to Adani Group
French-based TotalEnergies has announced a suspension of new financial contributions to the Adani Group of companies following the indictment of certain Adani Group’s executives by US authorities. The indictment is linked to an alleged corruption scheme associated with Adani Green Energy Limited (AGEL).
France's Total halts new investment in Adani; GQG backs Adani
French energy giant TotalEnergies SE on Monday said it was not aware of the corruption investigation its partner Adani group's founder chairman was facing in the US and that it is pausing fresh invest
Adani investor GQG Partners' shares see worst day after Gautam Adani's indictment
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 reaffirms confidence in Adani group despite US indictment
In March 2023, GQG invested in five companies of the Adani group, including flagship Adani Enterprises, Adani Ports & SEZ, ...
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GQG Partners, with a $8.1 bn exposure to Adani Group, does not see material impact on operations
As of November 21, GQG's total exposure in Adani Group stood at $8.1 billion on total assets of $156.7 billion, or 5.2% of ...