Don't change anything to please market, Rajiv Jain tells Adani Group

Chairman of GQG Partners says group has 'remarkably good assets'

Adani Group’s white knight investor Rajiv Jain, chairman and chief investment officer of GQG Partners, believes it would be a “mistake” for the conglomerate to “slowdown to manage the debt levels”.

Backing his bet in the group, Jain advised the company to not change anything to please the market.

“The objective is to keep growing. It will be a mistake to slow down to get the debt level down. I think these businesses (are) supposed to be leveraged,” Jain said in an interview with television channel CNBC-TV18 on Monday.

Jain’s firm infused $1.9 billion into the embattled Indian conglomerate at