Why are stressed Indian assets so attractive to foreign investors? ...Middle East

Quartz - Economy
Why are stressed Indian assets so attractive to foreign investors?
source : Quartz ( Middle East ) () 6
As the Covid-19 slump deepens, a bunch of global investors is looking to snap up stressed Indian companies at a bargain.Earlier this month, Singapore-based DBS Group Holdings stepped in to bail out Lakshmi Vilas Bank (LVB), which was struggling with a massive bad loan problem. As per reports, another major global investor, New York-based Apollo Global Management, was also eyeing the small private bank.Similarly, several global investors are in the fray to take over the fraud-hit non-banking financial services (NBFC) firm Dewan Housing Finance (DHFL), which has been grappling with insolvency since November last year. Last month, the US-based bargain hunter Oaktree Capital proposed to buy out

Hence then, the article about why are stressed indian assets so attractive to foreign investors was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Why are stressed Indian assets so attractive to foreign investors? )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Norway Just Switched on Another Gas Lifeline for Europe
OILPRICE - before 6 hours & 16 minute
Alcami Completes Acquisition of Tjoapack
PR Newswire - before 9 hours & 42 minute
Contractor Commerce, Ferguson form strategic alliance to modernize buying experience for contractors
PR Newswire - before 11 hour & 50 minute
‘Challenging times’ for homebuyers – mortgage affordability tightest since 2008
INDEPENDENT - before 11 hour & 37 minute
"What If We Had This in 2020?" Data Viz 4 Good Bridges the Fortune 100 Data Gap for the Social Sector
PR Newswire - before 4 hours & 9 minute
ICE raids reduce jobs for both U.S.-born and undocumented workers, study finds
Washington Post - before 5 hours & 28 minute
U.S. agency sues New York Times, accusing it of bias against White male employee
Washington Post - before 5 hours & 50 minute
Cineverse Brings Guillermo del Toro's Masterpiece Pan's Labyrinth Back to Cannes Film Festival to Celebrate the 20th Anniversary of the Film's World Premiere
PR Newswire - before 5 hours & 41 minute
Lower earning self-employed people ‘particularly likely to miss tax deadline’
INDEPENDENT - before 9 hours & 49 minute
BP Considers Retreat From North Sea Amid Mounting Tax Pressures
OILPRICE - before 9 hours & 29 minute
PIRELLI WILL START CYBER™ TYRE PRODUCTION IN GEORGIA UNDERLINING THE STRATEGIC IMPORTANCE OF THE U.S. MARKET
PR Newswire - before 3 hours & 51 minute
Iraq Offers Huge Discounts for Crude Shipments via Hormuz
OILPRICE - before 11 hour & minute


Latest News

A Chemical Breakthrough That Could Fix the Plastic Crisis

before hour & 16 minute

Fermi Appoints Larry Kellerman to Board of Directors

before hour & 24 minute

‘I Actually Thought He Was Going to Hit Me,’ OpenAI’s Greg Brockman Says of Elon Musk

before hour & 57 minute

VERNAL CAPITAL ACQUISITION CORP. ANNONCE LA FIXATION DU PRIX DU PREMIER APPEL PUBLIC À L'ÉPARGNE DE 100 MILLIONS DE DOLLARS

before 2 hours & minute

Barclays invests £4m in StepChange to help digital transformation

before 2 hours & 7 minute

DR Congo’s Cobalt Miners Pivot To Copper Amid Price Crash

before 2 hours & 32 minute

Designed for Saudi homes: Why cooling technology must reflect how families live

before 2 hours & 32 minute

U.S. Oil Can’t Fill the Middle East Supply Hole

before 3 hours & 29 minute

PIRELLI WILL START CYBER™ TYRE PRODUCTION IN GEORGIA UNDERLINING THE STRATEGIC IMPORTANCE OF THE U.S. MARKET

before 3 hours & 51 minute

"What If We Had This in 2020?" Data Viz 4 Good Bridges the Fortune 100 Data Gap for the Social Sector

before 4 hours & 9 minute

UAE’s Shock Exit Leaves OPEC Weakened and the Global Oil Order Rewritten

before 4 hours & 24 minute

OnPoint Solutions Introduces "The Upper Hand Glove" Ahead of Border Security Expo 2026

before 4 hours & 36 minute

Nelnet Campus Commerce Named Top Higher Education Payment Solutions Provider by Education Technology Insights

before 5 hours

NORDIC TECH LEADER TIETO OYJ SELECTS GEP'S AI-NATIVE SOFTWARE TO HELP TRANSFORM SOURCING AND PROCUREMENT

before 5 hours & minute

Venezuela’s Oil Rebound Shows Why the Petrodollar Is a Logistics System

before 5 hours & 13 minute