Rajiv Jain’s Adani Adventures
Description
As Gautam Adani battled his worst crisis ever, one little known investor and his firm came to his rescue. Rajiv Jain’s GQG Partners last week laid a $1.87 billion bet on the conglomerate by buying stakes in four of its companies. This, at a time when the group had lost more than $120 billion in the markets thanks to a damning report from American shortseller Hindenburg accusing it of corporate fraud. Who is Rajiv Jain and why has he placed the most daring bet of his life on the embattled ports-to-power business empire? Host Arijit Barman talks to the man himself.
Credits: MoneyControl, ETNow, CNBC-TV18, WION
If you liked this episode from Arijit Barman, check out his other episodes on Where does Gautam Adani Go From Here? Part 1, Gautam Adani: Dharavi's New Dada and Vodafone Idea: Any Idea Sirji?
You can follow our host Arijit Barman on his social media: Twitter and Linkedin
Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.
See omnystudio.com/listener for privacy information.