Gautam AdaniImage Credit source: File Photo
Adani Group’s savior and Gautam Adani’s American friend and head of GQG Partners, Rajeev Jain has repeatedly given important statements about Adani and the group. This time he has also brought the Modi government in the middle in this matter. He has clearly said that whether the Modi government remains in power or not, the companies of the Adani group will always remain strong. This is not a common statement from Rajeev Jain. Since March, Rajiv Adani has invested $ 2.5 billion in the shares of group companies. Since then, the shares of Adani Group companies have started improving. At present, the market cap of Adani Group remains around Rs 10 lakh crore. After the report of Hindenburg Research, investors had lost their trust in Adani Group. It was Rajeev Jain who initiated the investment and gave the investors a reason to trust the group.
$13 billion investment in Indian companies
Rajiv Jain has not only invested in the shares of Adani Group’s companies, but he has huge investments in many companies of the country. According to the report of ET, Rajiv Jain has invested $ 13 billion in the shares of different companies of the country. If we talk about companies, then he has also invested heavily in ITC, Sun Pharma, State Bank of India, ICICI Bank and HDFC.
Adani’s charm will continue
Now he is thinking of investing more in India. He is constantly expressing faith in the companies of Adani Group and has rejected the risk on Adani’s companies. Rajeev Jain said in an interview that whether or not the Modi government remains in India, Adani Group companies will continue to be visible. During his interview, he said that he has full faith in India’s private banks, IT companies and consumer companies. Now infra can establish new dimensions in the development of the country.
Adani’s contribution to India’s infra
After the report of Hindenburg Research, there was a huge decline in the shares of Adani Group. Investors’ confidence had completely eroded. Then Rajiv Jain had invested Rs 15,000 crore in the shares of Adani Group. Since March till now, Rajiv Jain has invested $ 2.5 billion in the shares of Adani Group. He said in his interview that Adani Group has an important contribution in the country’s infra. It has nothing to do with the Modi government. Whether the Modi government remains in power or not, there will be no impact on the health of Adani’s companies.