(Bloomberg) — Overseas investors should look to invest in Indian digital to consumer sector companies now as the economic fallout of the coronavirus pandemic makes valuations of businesses attractive, Asia’s richest banker said.“I have always believed you have to invest in India when things look more challenging,” Uday Kotak, the managing director of Kotak Mahindra Bank Ltd. said in a conversation with David Rubenstein, the co-founder of Carlye Group Inc. at the Bloomberg India Economic Summit Thursday. “That’s the best time to put your money to work.”With half a billion Internet users and growing, overseas investors had been pouring money …read more
Source:: Yahoo Finance
