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Adani Shares Rise Sharply and Find Favour With GQG Partners

The Adani group continued to dominate the headlines. However, the week brought more positive rather than negative news for the conglomerate, with asset manager GQG Partners pumping $1.87 billion into four of the group's companies leading to a sharp rise in the prices of their shares. Elsewhere talks between the Tata group and Bisleri's owners over the acquisition of the bottled water brand stalled over valuation issues while the inevitable decision to kill the Vistara brand was announced by its new CEO Campbell Wilson.
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