Shyam Maheshwari, chief Executive Officer, SSG Capital Management Limited discusses the risk and rewards associated with investing in stressful assets and how they create opportunities. Mr. Maheshwari has made significant contributions to SSG Capital, particularly in the Indian market, where he has helped us build a strong business, and importantly a deep team of senior investment professionals who are well positioned to carry on successful Indian business Shyam Maheshwari In a fireside chat, Shyam Maheshwari , Chief Executive Officer, SSG Capital Management Limited; Haseeb Malik, Senior Managing Director, Ward Partners Inc., discusses the risks and rewards associated with investing in stressful assets and how they create opportunities. Shyam Maheshwari tells about the recent developments around stressed assets resolution. They are a $4.5 billion platform today. India has happened to be a large part of our investments since 2009. The economy has a tailwind of growth, said Shyam Mahes...
India-US Talks: Recent public statements from Washington warning India about consequences for purchases of weapons and discounted oil from Russia are contrary to private discussions between the two sides. India is optimistic about talks next week with the US on military cooperation even as the Biden administration becomes more vocal in rebuking New Delhi over its reluctance to criticize Russia’s war in Ukraine, people familiar with the matter said. Recent public statements from Washington warning India about consequences for purchases of weapons and discounted oil from Russia are contrary to private discussions between the two sides, the people said, asking for anonymity because of the sensitive nature of the talks. They cited conversations in New Delhi last month with US Assistant Secretary of State Victoria Nuland, who offered help in finding alternative sources of weapons that could be used to counter neighbors Pakistan and China. India informed Nuland that the alternative...
In the latest election cycle, the Left-Congress alliance emerged as a formidable force, significantly affecting the BJP’s performance in West Bengal. Despite the BJP banking on the Citizenship (Amendment) Act (CAA) to win over voters, the combined opposition of the Left and Congress, along with other factors, played a crucial role in the BJP’s setbacks. Prime Minister Narendra Modi with West Bengal BJP President Sukanta Majumdar and party leader Suvendu Adhikari during a roadshow for Lok Sabha elections, in Kolkata, Tuesday, May 28, 2024. The Left-Congress alliance secured 12% of the vote across West Bengal’s 42 Lok Sabha seats, influencing the outcomes in at least 12 seats. Their presence also impacted the Trinamool Congress (TMC) in three to four seats in North Bengal. The coalition, comprising popular and senior leaders, aimed to maximize their seat count. While they did not increase their tally significantly, their vote share saw a notable rise. Election Data Insights Accordin...
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