[ad_1] Foreign investors have turned net buyers in the Indian equity cash market after 9 sessions of sustained selling. That’s what the provisional numbers from the National Stock Exchange (NSE) are pointing to. But it may not be time to celebrate just yet, because this buy number exists only on paper. Company Value Change %Change […]
Adani Group stocks recover most of last week’s losses: Here is a look at a timeline of events – CNBC TV18
[ad_1] The Adani Group stocks have recovered most of the losses incurred since the indictment of Gautam Adani and other group executives in the US last week. Adani Group stocks added ₹1.7 lakh crore in market capitalisation over the past week, with most companies posting gains of 10% to 30% during the week. Here’s a […]
GQG Partners, a major Adani Group investor, plans share buyback – CNBC TV18
[ad_1] Shares of Australia-listed GQG Partners rebounded strongly in Friday’s trading session, surging about 16% to an intraday high of AUD 2.48. However, the stock has since pulled back from its highs. The sharp rise in the stock price followed the company’s announcement of a planned buyback of its Australia-listed shares. The move comes after […]
Adani Enterprises, other group stocks see sharp fluctuations after extending Thursday’s losses – CNBC TV18
[ad_1] Adani Group stocks are witnessing sharp fluctuations in Friday’s trading session after initially extending losses from Thursday’s fall. Shares of Adani Enterprises, which opened 7% lower on Friday after a 23% drop on Thursday, saw a sharp recovery from the lows of the day and is currently trading with losses of just 0.5%. However, […]
Adani Ports, Adani Green unit outlook revised to ‘negative’ by S&P – CNBC TV18
[ad_1] Ratings agency S&P has revised the outlook on Adani Ports & SEZ, Adani Electricity and Adani Green Energy Ltd. Restricted Group 2 (AGEL RG2), a subsidiary of Adani Green Energy Ltd. The ratings agency said that the negative outlook on these entities indicates that their cash flows could be materially affected if their funding […]
Adani Group stocks fall up to 25% after bribery charges framed against Gautam Adani, other executives – CNBC TV18
[ad_1] Shares of all Adani Group companies ended Thursday’s trading session with losses of up to 25%, after the US District Court and the Securities & Exchanges Commission framed bribery charges against Gautam Adani and other executives of the group. Group companies lost ₹2.3 lakh crore in market capitalisation so far. Adani Ports shares ended […]
Adani Group calls allegations ‘baseless’; To seek all possible legal recourse – CNBC TV18
[ad_1] The Adani Group issued a media statement on Thursday, November 21, after a US District Court and the SEC charged Gautam Adani and other group executives of bribery over certain solar projects. Here is what the statement said: “The Spokesperson of Adani Group states that the allegations made by the US Department of Justice […]
Adani Bribery Case: Sagar Adani was served grand jury subpoena in 2023, electronic devices seized, as per court – CNBC TV18
[ad_1] Sagar Adani, Executive Director of Adani Green Energy was issued a search warrant in March 2023 by FBI Special Agents and was also served with a grand jury subpoena, the US District Court order indicated on Thursday, November 21. In or about March 2023, FBI special agents took steps in furtherance of the FBI […]
Rajiv Jain of GQG is unimpressed by the Chinese stock market rally – CNBC TV18
[ad_1] Investors across the globe are rushing to scoop up Chinese stocks as Beijing’s stimulus blitz sets off an epic rally. Just don’t count Rajiv Jain among them. The manager of the top-performing $23 billion GQG Partners Emerging Markets Equity Fund has kept his holdings in Chinese stocks at about 12% of the fund — […]
GQG Partners’ Adani Investment now valued at Rs 80,000 crore – CNBC TV18
[ad_1] The US-based GQG Partners seems to be lapping up Adani Stocks at every opportunity thrown at them. On Friday, the marquee investor increased its stake in Ambuja Cements by another 1.1%, taking the total holding in the cement company to 2.4%. The deal was executed at an average price of ₹625.50 per share on […]