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Rahul Gandhi China city New Delhi India covid-19 Government crisis Rahul Gandhi China city New Delhi India

Slowdown weakened Indian corporates, makes them attractive targets for takeovers: Rahul

Rahul Gandhi China city New Delhi India covid-19 Government crisis
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New Delhi: Congress leader Rahul Gandhi on Sunday said that the economic slowdown has weakened Indian corporates and urged the government to ensure that no foreign interests take control of any such corporate at a time when the country is fighting the COVID-19 crisis.

His concerns came following reports that some foreign institutions had bought stakes in Indian companies in the wake of the stock market downturn. "The massive economic slowdown has weakened many Indian corporates making them attractive targets for takeovers.

The government must not allow foreign interests to take control of any Indian corporate at this time of national crisis," Gandhi tweeted.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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