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Synergy Capital is exploring the option of co-investing in some stressed assets, particularly in steel, and is also advising bidders for this. Sudhir Maheshwari, founder and managing partner of Synergy Capital, and a former member of the ArcelorMittal group management board, says it might not be in the best interest of lenders to bar the erstwhile promoters from bidding.
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Prime Minister Narendra Modi's "Make in India" chant could not have come to the United Kingdom at a better time. Never before has India held investors' interest as it does today. With a charismatic ambassador, strong international alliances, promising economic prospects, and large skilled young population, India should be set for major economic development.
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