{"id":598052,"date":"2023-08-17T10:01:15","date_gmt":"2023-08-17T04:31:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=598052"},"modified":"2023-08-17T11:16:53","modified_gmt":"2023-08-17T05:46:53","slug":"adani-sells-shares-in-adani-power-to-gqg-partners-others-for-1-bn","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-sells-shares-in-adani-power-to-gqg-partners-others-for-1-bn\/","title":{"rendered":"Adani sells shares in Adani Power to GQG Partners, others for $1 bn"},"content":{"rendered":"<p>Australia-listed investment firm GQG Partners on Wednesday invested $1.1 billion (Rs9,000 crore) in Adani Power by buying an 8.1 per cent stake from the Adani family via multiple block deals.<\/p>\n<p>With this investment, GQG Partners has bought Rs34,000 crore ($4.2 billion) worth of shares in Adani group companies since March this year. Interestingly, the move comes days after Qatar Investment Authority, a sovereign fund, picked up a 2.7 per cent stake in Adani Green Energy for Rs3,920 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia-listed investment firm GQG Partners on Wednesday invested $1.1 billion (Rs9,000 crore) in Adani Power by buying an 8.1 per cent stake from the Adani family via multiple block deals. With this investment, GQG Partners has bought Rs34,000 crore ($4.2 billion) worth of shares in Adani group companies since March this year. Interestingly, the move comes days after Qatar Investment Authority, a sovereign fund, picked up a 2.7 per cent stake in Adani Green Energy for Rs3,920 crore.<\/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-598052","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\/598052","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=598052"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/598052\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=598052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=598052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=598052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}