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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.
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
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.
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.
Adani Power shares react to fresh report on Bangladesh power deal; key details
Adani Power shares were trading at Rs 551.25, down 0.6 per cent. The scrip had fallen to a low of Rs 543.25 earlier today.
20h
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 ...
abp LIVE on MSN
4h
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 ...
1d
on MSN
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 ...
5h
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 Daily Africa
5h
Search on for new JKIA investor after Adani exit
President William Ruto on November 21, 2024, ordered the Ministry of Transport to cancel the proposed JKIA deal with Indian ...
10h
Stocks of 6 Adani Group firms settle lower; Adani Total Gas slips nearly 5%
The stock of Adani Total Gas dropped 4.87 per cent to Rs 772 on BSE and Adani Energy Solutions tanked 4.04 per cent to Rs 806 ...
18h
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 ...
1d
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 ...
13h
Exclusive: Bangladesh halves power buying from India's Adani amid payment dispute
Bangladesh has halved the power it buys from neighbouring India's Adani Power, citing lower winter demand, government ...
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