Profit

Our lenders not planning to sell out: Ispat Industries

PUBLISHED ON: September 14, 2010 | Duration: 1 min, 55 sec

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After reports that its lenders might sell their stake in Ispat Industries to Tata Steel and Arcelor Mittal to recover their dues, the debt ridden steel company Ispat has refuted the claims, admitting though that there have been delays in payments to its creditors.
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