Essar Group Debt
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Essar Steel plans to raise $2 billion by June to pare rupee debt
Essar Steel, part of the diversified Essar Group, hopes to raise $2 billion from overseas by the end of first quarter of the current financial year, to retire its rupee debt, a top company official said.
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Truth vs Hype: Are Mistakes That Led to India's Corporate Debt Bomb Set to be Repeated?
As the Narendra Modi government attempts to jumpstart the economy, attention is turning to a less discussed aspect of the financial system that is threatening a revival: high amounts of debt.
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Essar Steel plans to raise $2 billion by June to pare rupee debt
Essar Steel, part of the diversified Essar Group, hopes to raise $2 billion from overseas by the end of first quarter of the current financial year, to retire its rupee debt, a top company official said.
-
Truth vs Hype: Are Mistakes That Led to India's Corporate Debt Bomb Set to be Repeated?
As the Narendra Modi government attempts to jumpstart the economy, attention is turning to a less discussed aspect of the financial system that is threatening a revival: high amounts of debt.
