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?
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