Days after US-based GQG Partners picked up stakes in four Adani Group firms for Rs 15,446 crore, the conglomerate has lined up more road shows to shore up investor confidence.…
Category: Companies
‘Adani’s biggest competitors are actually Indian govt’: GQG’s Rajiv Jain explains investment rationale
Amid enhanced scrutiny over his Rs 15,446-crore investment in four Adani Group firms, GQG Partners chairman Rajiv Jain said the US boutique investment firm is invested in the Adani Group…
Foxconn goes to Telangana: Did the Taiwanese giant snub Karnataka?
Foxconn, after denying reports of ‘binding, definitive agreements for new investments’ in India over the weekend, confirmed the setting up of a new manufacturing plant in Telangana’s Kongara Kalan. Before…
‘Broke back of Indian manufacturing’: Piyush Goyal says FMCGs in India were victim of low-quality imports
Union Commerce and Industry Minister Piyush Goyal said that the fast-moving consumer goods (FMCGs) sector in India has been severely impaired by the indiscriminate low-quality import due to which India…
iPhone-maker Foxconn to set up manufacturing facility in Telangana
Taiwanese multinational electronics contract manufacturer Foxconn ((Hon Hai Precision Industry Co. Ltd), known for manufacturing iPhones, will set up a manufacturing facility in Telangana’s Kongara Kalan, in Ranga Reddy district.…
Adani-Hindenburg row: GQG chief Rajiv Jain explains why he put Rs 15,000 crore in Adani block deal
US boutique investment firm GQG Partners has invested Rs 15,446 crore in four Adani Group companies Adani Ports and Special Economic Zone, Adani Green Energy, Adani Enterprises Ltd and Adani…
After Hindenburg-Adani row, RBI keeps closer eye on India’s top 20 conglomerates: Report
The Reserve Bank of India is reportedly keeping a close watch on 20 of the top business houses in the country that have large borrowings from banks in order to…
Ray Dalio’s Bridgewater Associates raises new fund strategy less dependent on equities
Bridgewater Associates has raised at least $800 million in recent months for a new fund strategy, regulatory filings show, an additional offering that comes as the hedge fund manager revamps…
Ex-JPMorgan bankers start emerging market infrastructure investment firm
Two former JP Morgan credit bankers on Monday launched a new impact investment advisory firm focused on emerging market infrastructure, with a minority stake by British insurer Legal & General’s…
102% rise in average electricity cost bought from Adani Power between 2021-22, reveals Gujarat govt
The average cost of electricity purchased by the Gujarat government from Adani Power soared by 102 per cent between 2021 and 2022, reported Indian Express. In response to a query…