{"id":561437,"date":"2023-03-09T09:16:28","date_gmt":"2023-03-09T03:46:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=561437"},"modified":"2023-03-09T10:39:14","modified_gmt":"2023-03-09T05:09:14","slug":"gqg-partners-likely-to-increase-investment-in-adani-says-rajiv-jain","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gqg-partners-likely-to-increase-investment-in-adani-says-rajiv-jain\/","title":{"rendered":"GQG Partners likely to increase investment in Adani, says Rajiv Jain"},"content":{"rendered":"<p>SYDNEY (Reuters) -GQG Partners would likely expand its investment in the Adani group, the fund firm&#8217;s founder Rajiv Jain said on Wednesday, a week after its $1.9 billion infusion into the embattled Indian conglomerate.<\/p>\n<p>&#8220;Chances are we&#8217;ll probably buy more because we typically initiate a position and then depending on how things go and how the earnings come through we tend to get it to full size because we&#8217;re not at full size at this point,&#8221; Jain said on a call with journalists in Sydney.<\/p>\n<p>GQG Partners, co-founded by Jain in 2016, bought shares worth $1.87 billion in four Adani group companies, marking the first major investment in the Indian conglomerate since a short-seller&#8217;s critical report in January sparked a stock rout.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY (Reuters) -GQG Partners would likely expand its investment in the Adani group, the fund firm&#8217;s founder Rajiv Jain said on Wednesday, a week after its $1.9 billion infusion into the embattled Indian conglomerate. &#8220;Chances are we&#8217;ll probably buy more because we typically initiate a position and then depending on how things go and how the earnings come through we tend to get it to full size because we&#8217;re not at full size at this point,&#8221; Jain said on a call with journalists in Sydney. GQG Partners, co-founded by Jain in 2016, bought shares worth $1.87 billion in four Adani [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-561437","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561437","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=561437"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/561437\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=561437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=561437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=561437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}