Page 22 - Max Group News Today

How KKR’s credit risks came crashing down The credit unit’s then CEO Sanjay Nayar (now KKR India’s chairman) saw big potential in structured corporate loans, which tend to offer higher interest rates than traditional bank loans but come with fewer creditor protections. (Photo: Mint)Premium Anto Antony, , Bloomberg A global investment behemoth’s sprint from boom to bust is a cautionary tale about India’s shadow-lending sector. With a growing number of foreign money managers looking f...

Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a cautionary tale for investors in one of the world’s most tantalising emerging markets. Rocked by the shadow-banking crisis that began rippling through India’s financial system 2 1/2 years ago, KKR’s local credit unit lost Rs 1,516 crore ($207 million) in the final nine months of 2019, wiping out ...

How financial giant KKR’s big bet on lending in India went from boom to bust It has been a steep fall from grace for US financial giant KKR which extended about $800 mn of loans at its peak and was set to launch an India IPO. A+ Mumbai: Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a cautionary tale for investors in one of the world’s most ta...

Synopsis Rocked by the shadow-banking crisis that began rippling through India’s financial system 2 1/2 years ago, KKR’s local credit unit lost 15.16 billion rupees ($207 million) in the final nine months of 2019, wiping out nearly 40 per cent of its capital. Agencies When viewed in the context of KKR’s global business -- the firm oversees $234 billion worldwide, including about $75 billion in credit investments -- the losses suffered by the India unit are modest. Few asset managers hav...

Steep Fall From Grace For KKRs Big Bet On India Credit After a decade-long attempt to wring big returns from India, the Wall Street titan has become a cautionary tale for investors in one of the worlds most tantalizing emerging markets Updated: January 28, 2021 6:25 pm IST Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a cautionary tale for investor...

A survey by a Max Group entity reveals that the senior citizens of India feel that the major concern of the country should be the current state of its economy

Majority of the senior citizens of the country believe that current state of the economy is among the biggest issues that India needs to address immediately.The other top concern is unemployment, showed a survey by Antara, a Max Group ...

INDIA New England News New Delhi–Keeping with its recent announcement to invest over Rs 300 crores across residences for seniors, care homes and care-at-home services in the next three to four years, Antara, a part of the Max Group, has launched a 37-bedded care home facility in South Delhis Sylvan colony, Greater Kailash. This is the second such facility after Gurugram. Globally, assisted care services is an established and sought-after category, especially in markets such as Jap...

Max Group company Antara launches its 37 Bedded Care Home facility for Seniors in South Delhi Posted On: 2020-12-17 02:31:32 (Time Zone: Arizona, USA) Antara, a part of the $3 bln Max Group, today announced the launch of its 37 bedded Care Home facility in South Delhis Sylvan colony, Greater Kailash. The new launch closely follows Antaras recent announcement to invest over Rs. 300 Crore across Residences for seniors, Care Homes and Care at Home services in the next 3-4 years. This is the s...

A care home facility for seniors in South Delhi ​ By IANS | Published on ​ Thu, Dec 17 2020 11:27 IST | ​ 3 Views A care home facility for seniors in South Delhi. Image Source: IANS News New Delhi, Dec 17 : Keeping with its recent announcement to invest over Rs 300 crores across residences for seniors, care homes and care-at-home services in the next three to four years, Antara, a part of the Max Group, has launched a 37-bedded care home facility in South Delhis Sylvan colony, Greate...