{"id":560089,"date":"2023-03-03T12:37:08","date_gmt":"2023-03-03T07:07:08","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=560089"},"modified":"2023-03-03T12:37:08","modified_gmt":"2023-03-03T07:07:08","slug":"gqg-partners-shares-fall-3-after-investing-1-87-billion-in-adani-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gqg-partners-shares-fall-3-after-investing-1-87-billion-in-adani-group\/","title":{"rendered":"GQG Partners&#8217; shares fall 3% after investing $1.87 billion in Adani Group"},"content":{"rendered":"<p>GQG Partners Inc&#8217;s Australian-listed shares fell by as much as 3% on Friday after the international investment firm pumped $1.87 billion into four companies under embattled Indian conglomerate Adani Group.<\/p>\n<p>The Florida-based firm bought 3.4% of Adani Enterprises Ltd for about $662 million, 4.1% of Adani Ports and Special Economic Zone Ltd for $640 million, 2.5% of Adani Transmission Ltd for $230 million, and 3.5% of Adani Green Energy Ltd for $340 million, showed an Adani regulatory filing.<\/p>\n<p>By mid-afternoon, GQG shares were off 2.6% whereas the S&amp;P\/ASX200 benchmark index was up 0.42%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GQG Partners Inc&#8217;s Australian-listed shares fell by as much as 3% on Friday after the international investment firm pumped $1.87 billion into four companies under embattled Indian conglomerate Adani Group. The Florida-based firm bought 3.4% of Adani Enterprises Ltd for about $662 million, 4.1% of Adani Ports and Special Economic Zone Ltd for $640 million, 2.5% of Adani Transmission Ltd for $230 million, and 3.5% of Adani Green Energy Ltd for $340 million, showed an Adani regulatory filing. By mid-afternoon, GQG shares were off 2.6% whereas the S&amp;P\/ASX200 benchmark index was up 0.42%.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-560089","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=560089"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560089\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=560089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=560089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=560089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}