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US-based GQG Partners and others invest $1 billion of additional stake in Adani stocks

India Business News: NEW DELHI: The US-based investment firm GQG Partners and others investors made bought around $1 billion worth of Adani Group's stocks on Wednesday.

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GQG Group said to invest $1 billion in Adani flagship, Green Arm

GQG Group said to invest $1 billion in Adani flagship, Green Arm
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GQG Partners invests $1 billion to buy additional stake in AEL, AGEL

Firm had invested $ 2.3 bn in group cos in March; flagship AEL gains over 5%, AGEL ends flat

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FPIs extend buying streak in Indian equities in June, shows NSDL data

Concerns over China's economic recovery have also aided flows into India, said Sameer Kaul, MD and CEO at TrustPlutus Wealth (India) Pvt

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Adani Group Repays Loans Worth USD 2 65 Billion To Complete Prepayment Programme in Attempt To Win Back Investor Trust

"The prepayment was done along with interest payment of USD 203 million," it added. Further, the credit update states that the promoters completed the sale of shares in four listed group entities to GQG Partners, a leading global investment firm, for USD 1.87 billion (Rs 15,446 crore). Adani Group Repays Loans Worth USD 2.65 Billion To Complete Prepayment Programme in Attempt To Win Back Investor Trust.

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