India's Adani group gets $1.87 bln investment from U.S. firm GQG

"We believe that the long-term growth prospects for these companies are substantial," said Rajiv Jain, GQC's chairman and chief investment officer. Before founding GQG, Jain spent 22 years at Vontobel Asset Management.

Based in Fort Lauderdale, Miami, GQG manages $88 billion in assets, in global, U.S. and emerging markets equities funds. In the run-up to the announcement, Adani group shares rallied, with Adani Enterprises climbing nearly 35% over the last three sessions, Adani Ports 11% and Adani Green Energy 16%. Adani Transmission rose 10% in the previous two sessions.

Adani on fire 😍🔥🔥🔥.

Rajiv Jain is a Modi supporter. Did he get instructions to bail out Adani?

USA and hindensburg should investigate this,as this may be another disguise from adani. You never know he might be fooling people again😉😜.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

India's Adani group gets $1.87 bln investment from U.S. boutique firm GQGU.S. boutique investment firm GQG Partners has bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller's critical report sparked a stock rout. Getting back lost sheen ….
Source: Reuters - 🏆 2. / 97 Read more »

India’s Highest Court Orders Probe Into Adani Market TurmoilThe Supreme Court of India formed a committee to investigate the cause of the market turmoil that has engulfed Adani Group करना पड़ता है … हिंडनबर्ग तो झूट बोल रहा है यू जानता कौन है What about SC committee on Adani? Simple, Adani will now get final endorsement from SC Case closed, Adani booms like rocket ... and The Fools will be waiting for an unbiased report from Modi's CORRUPT India.
Source: WSJ - 🏆 98. / 63 Read more »