NRI Rajiv Jain’s GQG to pay $500,000 penalty to settle US SEC charges

NRI Rajiv Jain’s GQG to pay 0,000 penalty to settle US SEC charges

US-based NRI investor Rajiv Jain-led GQG Partners, best known in India for investing in Adani stocks, has been charged by the US Securities and Exchange Commission (SEC) for allegedly violating whistleblower protection rules. The boutique investment firm has agreed to settle charges by paying a $500,000 penalty. “The SEC’s order finds that GQG violated whistleblower … Read more

Vedanta block deal: Big block deal in Vedanta. Is GQG buying stake from promoter?

Vedanta block deal: Big block deal in Vedanta. Is GQG buying stake from promoter?

A day after it was reported that US-based GQG Partners is in talks to buy a stake in Vedanta, a big block deal in which more than 2% equity changed hands worth over Rs 2,600 crore was reported in the counter on Thursday. The final talks for a potential stake sale worth over $1 billion … Read more