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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 · 20h

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 · 14h

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 · 15h

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.

Hindustan Times on MSN · 19h

Bangladesh looks to reduce power prices of Adani deal amid US indictment: Report

Bangladesh is planning to renegotiate lower power prices from the Adani Group as it tries to reduce its subsidising expenditure for the electricity

19h

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 MSN3h

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 ...

1don 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 ...

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 ...

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 ...

17h

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 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 ...

ThePrint5h

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) ...

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Shares in major Adani investor GQG plunge

Bangladesh halves power buying from Adani

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