GQG Partners chairman and chief investment officer Rajiv Jain is set to meet clients and investors in Australia later this week, where he is expected to explain the firm’s rationale behind the Rs 15,446 crore investment in four Adani Group companies. Jain recently opened up about the investment firm’s decision to invest in the Adani Group despite the carnage faced …
The Adani Group on Thursday raised ₹15,446 crore after selling shares in four of its listed companies to GQG partners, a US boutique investment firm. After hitting the headlines for the first major investment in the embattled Adani Group following the scathing report by Hindenburg Research that triggered a stock rout, the man behind the massive block deal - Rajiv …
Shares of Adani Group’s listed companies surged on Friday after its promoters sold stakes worth Rs 15,446 crore to a US-based global equity-investment company, GQG Partners, in a block deal. The Rs 15,000 crore Adani block deal, which seems to have reversed the fortunes of the conglomerate's listed companies on the stock market, has created a lot of curiosity about …
The Enforcement Directorate has provisionally attached proceeds of crime worth Rs. 11.85 crores in the form of movable properties belonging to main promoters in the case of Surya Vinayak Industries Ltd. and its group companies under the Prevention of Money Laundering Act, 2002 in a bank fraud case. The case has been filed against Surya Vinayak Industries Ltd., Sanjay Jain, …
