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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.

Reuters on MSN · 22h

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.

Business Line · 16h

Adani Green’s woes weigh on GQG Partners’ share price after UBS downgrades fund’s stock

GQG Partners shares drop after UBS downgrade due to Adani Group ties, while Adani Green Energy faces uncertain future.

Bangladesh halves power buying from Adani

Reuters · 17h

Adani Power says no indication of Bangladesh reviewing power deal

Adani Power said on Monday 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.

Bloomberg L.P. · 1d

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.

The Star · 1h

Bangladesh wants to renegotiate power deal with Adani

DHAKA: Bangladesh wants to sharply lower prices under a power-purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal,

India's Adani says his group is committed to compliance

The Associated Press - Busines… · 1d

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,

Yahoo · 2d

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.

essanews.com on MSN · 1d

Indian tycoon Gautam Adani denies $265M bribery claims in USA

American prosecutors have accused Gautam Adani of orchestrating a scheme to bribe officials with $265 million to secure state energy contracts. The Indian billionaire responded to the allegations for the first time on Saturday.

abp LIVE on MSN5h

Adani Green Energy Shares Surge 9% Amid Allegations; Gautam Adani Asserts Resilience

Adani Ports rose 2 per cent, Ambuja Cements gained 1.33 per cent, ACC climbed 1 per cent, and Sanghi Industries advanced 1 ...

Adani Green soars 19% as group stocks recover sharply amid ongoing U.S. legal challenges

Shares in India’s Adani Group have been rallying on the back of the group’s statement refuting bribery charges against its ...

19h

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 ...

Gautam Adani speaks days after U.S. indictment that he allegedly participated in multi-billion dollar fraud scheme

Gautam Adani speaks days after U.S. indictment that he allegedly participated in multi-billion dollar fraud scheme ...

21h

India's Adani Green Energy recoups losses related to US indictment

India's Adani Green Energy rose about 8% on Monday and recouped all stock losses related to U.S. indictment of group's ...

ThePrint7h

Adani row: SKM threatens protest in support of opposition’s demand for JPC probe

The Samyukt Kisan Morcha (SKM) on Monday attacked the Centre over the Adani issue and threatened to launch a protest in support of the opposition’s demand for a Joint Parliamentary Committee (JPC) ...

8hon MSN

Adani Power or Tata Power; which company is dominating India’s power sector? Read to find out

Adani Power has proven track record of project management and fuel logistics. It has efficiently handled end-to-end project ...

Newslaundry13h

Adani’s indictment in US: What happens next, ‘political’ motivations, and what Trump might do

A key point in the conversation is that the charges against Adani and co. are very serious, and the amounts involved are ...

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Shares in major Adani investor GQG plunge

Bangladesh halves power buying from Adani

India's Adani says his group is committed to compliance

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