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Reviewing our Adani holdings: GQG on Adani's bribery charges
short by Debaroti Adhikary / on Thursday, 21 November, 2024
Rajiv Jain-led US-based investment firm GQG Partners said it is reviewing its exposure to Adani Group after billionaire Gautam Adani was charged in US over alleged bribery and fraud. GQG Partners is a significant investor in Adani Group stocks. Adani allegedly participated in a scheme that promised to pay $250-million bribes to Indian government officials to secure solar energy contracts.
read more at Moneycontrol