While the deal street may be quiet in terms of any big announcements in recent times, behind the scenes looks action-packed at the moment and will show outcomes in the next few months. A large part of India Inc is gearing up to take action as moratorium will soon end and restructuring will start. A lot depends on the depth of the hole caused by the pandemic situation.

To get a sense of which way the Deal Street is headed, CNBC-TV18’s Nisha Poddar spoke to ace deal makers Manisha Girotra, CEO-India of Moelis & Co and Haigreve Khaitan, Partner of Khaitan & Co.