US Investment Firm GQG Partners Acquires 8.1% Stake Worth Over Rs 9,000 Crore in Adani Power
GQG Partners, a US-based boutique investment firm, along with other investors, has purchased an 8.1% stake in Adani Power Ltd for a substantial sum of over Rs 9,000 crore (USD 1.1 billion).
Adani Back On Track! GQG Invested $1.9 Billion In Adani, Plans For More
GQG bought shares in four of Adani's companies from a family trust in March for about $2 billion.
GQG’s Rajiv Jain Increases Adani Stake by Around 10%
Veteran investor Rajiv Jain’s GQG partner has raised its stake by 10% in the billionaire Gautam Adani’s conglomerate.