Sunday, 20 August 2023
Early results in Guatemala show outsider Bernardo Arévalo leading presidential election after corruption angered voters
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Former respiratory therapist in Missouri sentenced in connection with patient deaths
Block Island, Rhode Island, welcomed back vacationers Sunday, a day after a fire tore through hotel
Tropical Storm Hilary makes landfall in Mexico's Baja California, pushing torrential rains on northward path (CORRECTS: A previous APNewsAlert erroneously reported that Hilary was still a hurricane)
Saturday, 19 August 2023
Record-setting temperatures forecast in Dallas as scorching heat wave continues to bake the US
Suspect arrested in killing of 11-year-old Texas girl whose body was left under bed
Pilot error caused the fatal hot air balloon crash in New Mexico, NTSB finds. Drug use was a factor
Fish found on transformer after New Jersey power outage -- officials suspect bird dropped it
A former New York bishop has died at 84. He promoted social justice, but covered up rape allegations
Friday, 18 August 2023
San Francisco launches driverless bus service following robotaxi expansion
Thursday, 17 August 2023
Pilots made errors before crash near Lake Tahoe that killed all 6 on board, investigators say
Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years
Adani Power Rises Over 2%, Majority Of Group Firms Settles In Green
Shares of Adani Power climbed over 2 per cent on Thursday after US-based boutique investment firm GQG Partners along with other investors bought an 8.1 per cent stake in the company for over Rs 9,000 crore (USD 1.1 billion).
The stock gained 2.58 per cent to settle at Rs 286.50 on the BSE. During the day, it climbed 3.27 per cent to Rs 288.45.
At the NSE, it climbed 2 per cent to end at Rs 285.55 apiece.
Majority of the group companies also ended in the green. Adani Ports jumped 4.47 per cent, Ambuja Cements climbed 1.91 per cent, Adani Enterprises gained 1.45 per cent, NDTV (1.26 per cent), ACC (0.64 per cent) and Adani Transmission (0.42 per cent).
GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore.
GQG Partners and other investors bought 31.2 crore shares of Adani Power in a block deal -- one of the largest ever secondary market equity transactions -- stock market data showed.
Adani Power is the fourth firm of the ports-to-energy conglomerate where GQG has invested since May.
Promoter Adani family, which held 74.97 per cent in the firm, sold 31.2 crore or an 8.1 per cent stake at an average price of Rs 279.17 per share.
(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)
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