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Top related persons:
Gautam Adani - 2 Adani - 2 Rajiv Jain - 1 GQG - 1 Hindenburg - 1 Edwin Koo - 1 Sagar Adani - 1 Vneet Jaain - 1
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New York U.S New Singapore India New York City , New York
Top related orgs:
Adani - 2 GQG Partners - 1 Adani Group - 1 BSE - 1 Adani Enterprises - 1 CNBC - 1 Hindenburg - 1 Forbes - 1

Search resuls for: "Investor GQG Partners"


3 mentions found


☆ Adani investor GQG Partners' shares crash 25% — on pace for record loss after Gautam Adani's indictment
  + stars: | 2024-11-21 | by ( Lim Hui Jie | ) www.cnbc.com   time to read: +1 min
Rajiv Jain, founder and chief investment officer of GQG Partners, during an interview in New York, US, on Tuesday, April 4, 2023. Shares of Australia-listed GQG Partners plunged as much as 25% on Thursday and were set to post their worst day on record, after Adani Group Chair Gautam Adani was charged with fraud in New York. Shares of Adani Group companies also nosedived, as Indian stock markets opened for trade. GQG is Adani Enterprises' fourth-largest shareholder, owning about 3.94% of the firm, according to LSEG data. Hindenburg had charged Adani Group of "brazen stock manipulation and accounting fraud scheme over the course of decades," sending shares plunging by more than 54% in the first quarter of 2023.
Persons: Rajiv Jain, Gautam Adani, GQG, Adani, Hindenburg Organizations: GQG Partners, Adani Group, BSE, Adani Enterprises, CNBC, Adani, Hindenburg Locations: New York, New
☆ Adani Group slams 'baseless' New York fraud and bribery charges
  + stars: | 2024-11-21 | by ( April Roach | ) www.cnbc.com   time to read: +2 min
Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. Photographer: Edwin Koo/Bloomberg via Getty ImagesIndia's Adani Group on Thursday denied allegations of bribery and fraud made by U.S. authorities in relation to the group's chair Gautam Adani, saying all such claims were "baseless." Shares of companies in India's Adani Group plunged after Gautam Adani, one of the world's richest people, was indicted in a New York federal court on charges regarding an alleged bribery and fraud scheme. An Adani Group spokesperson said the allegations made by the U.S. Department of Justice and the U.S. Securities and Exchange Commission against directors of Adani Green Energy are "baseless and denied." Following the indictment charges, Adani Green Energy cancelled plans to raise around $600 million through U.S. dollar-denominated bonds.
Persons: Gautam Adani, Adani, Edwin Koo, Sagar Adani, Vneet Jaain, GQG Partners, CNBC's Boon Ping, Dan Mangan Organizations: Adani, Forbes, Summit, Bloomberg, Getty, India's Adani, Energy, U.S . Department of Justice, U.S . Securities, Exchange Commission, GQG, Green Energy, Citi, . Locations: Singapore, India, U.S, New York
☆ Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
  + stars: | 2023-08-11 | by ( Svea Herbst-Bayliss | ) www.reuters.com   time to read: +2 min
Soros Fund Management owned 769,061 Amazon shares at the end of the second quarter, representing an increase of more than 8% in its holdings. Amazon’s stock price boomed during the pandemic when homebound shoppers relied on the retailer for toilet paper, groceries and much more. What investors who bought Amazon during the second quarter did not know yet was how well the company fared during those three months. It reported an 11% gain in second quarter revenue and topped analysts’ expectations when it reported earnings earlier this month. Management also pointed to a strong third quarter and the stock price rose on the earnings report.
Persons: Washington, Mike Segar Organizations: Amazon, REUTERS, Fidelity, Amazon.com, Baupost, Soros Fund Management, Investment Group, Mutual, Investor GQG Partners, Securities and Exchange Commission, Management Locations: New York City , New York, U.S
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