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, Adani Green, Adani Energy Solutions, and Ambuja Cements
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.
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.
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 total assets.
GQG Partners' Steadfast Support Amid Adani Controversy
Boutique investment firm GQG Partners has expressed confidence in the Adani group despite recent bribery allegations against its promoters. GQG believes the charges target individuals and not the firms themselves,
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.
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.
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.
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
TotalEnergies pauses investments in India's Adani Group after bribery charges
French oil major TotalEnergies halted on Monday investments into Adani Group, after the Indian ports-to-power conglomerate was engulfed in a crisis over an alleged multi-million-dollar bribery scheme.
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Gautam Adani faces no bribery charges: Adani Group
Embattled billionaire Gautam Adani and his aides have not been charged under the US Foreign Corrupt Practices Act, an Adani ...
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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.
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GQG Partners says Adani Group companies "well-positioned for the future"
Global investment company GQG Partners has maintained that it continues to believe each individual Adani Group company is ...