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Tag: GQG Reports Notional Drop in Profit

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Amidst Reports of US Probe on Adani Group, GQG Reports Notional Drop in Profit

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US-based investment management firm GQG Partners has encountered a substantial notional drop in profit amounting to Rs 4,400 crore due to its investments in Adani Group companies. This development comes in the wake of reports suggesting a potential US probe into the activities of the Adani Group. The situation has raised concerns and cast a spotlight on the implications for international investors and the Adani Group's global business interests.

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