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Adani, GQG and UBS
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.
Shares in major Adani investor GQG plunge after analyst note on outflows
SYDNEY (Reuters) -Shares of Australian-listed GQG Partners tumbled 13% on Monday after UBS downgraded the stock and said the firm may have lost A$600 million ($390 million) in funds under management in the two days following the indictment of Adani Group executives.
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.
Green Energy, Adani
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 secure solar power sale contracts that could bring in USD 2 billion of profits over 20 years to the firm.
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 billionaire founder Gautam Adani over an alleged $265 million bribery scheme.
Explained: Why Adani Green Energy share price rose 9% today
The rise in shares marked the fourth consecutive session of gains for the stock, which has climbed an impressive 60.66% in just four trading days.
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.
Bad news for Gautam Adani as amid dispute over payment of electricity bill, Bangladesh takes BIG step, decides to...
Dhaka: India's neighbouring country Bangladesh has cut down to half the power it buys from Adani Power. The reason cited by Bangladesh is that the demand for power falls down during winters. This was conveyed by government officials to news agency Reuters on Monday,
Gautam Adani Breaks Silence on US Indictment
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,
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.
Gautam Adani breaks silence on US allegations to say his group is committed to compliance
By Arpan Chaturvedi NEW DELHI (Reuters) -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,
5h
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 ...
ThePrint
1h
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) ...
13h
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 ...
1h
Opposition stalls both Houses of Parliament over Adani row and Sambhal violence
Parliament adjourned due to Opposition protests over Adani indictment, Sambhal violence, and Manipur conflict during winter ...
1h
on 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 ...
Newslaundry
7h
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 ...
6h
Adani Ports to handle 1 billion tonne cargo by 2030; capex of ₹80,000 in next 4-5 years
Adani Ports and Special Economic Zone is targeting to double its cargo handling volume and reach 1 billion ton cargo by 2030 ...
7h
Adani’s U.S. Legal Battle Explained: What’s Really Happening?
On November 20, a federal court in Brooklyn unsealed a 5-count indictment, naming several individuals, including Gautam Adani ...
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