Phoenix Mills Builds War Chest For Distressed Assets
Pedestrians walk past Phoenix Market City shopping mall, developed by Phoenix mills Ltd., in Chennai. (Photographer: Dhiraj Singh/Bloomberg)

Phoenix Mills Builds War Chest For Distressed Assets

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India’s largest mall developer has readied a war chest to acquire distressed retail assets with the government now allowing malls to resume operations even as the number of Covid-19 cases rise.Phoe...