Adani Group stocks fell up to 6% after a US bribery scandal linked to Adani Green Energy employees. GQG Partners, a major investor, reaffirmed its commitment, stating the scandal doesn’t impact its investment thesis. While Adani Green Energy shares tumbled 6%, other Adani stocks saw smaller declines. GQG expressed confidence in the fundamentals of its Adani investments.
Vegetable oil import down 16 per cent in March to 9.98 lakh tonne: SEA
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments.
April 11, 2025