Profit

No provision for Rs 2000 cr interest on tax yet: Essar Oil

PUBLISHED ON: September 3, 2012 | Duration: 24 min, 53 sec

   
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Essar Oil, which recently has decided to exit corporate debt restructuring, spelt out the roadmap for the company in this regard in an exclusive interview with NDTV. Lalit Gupta, MD & CEO of the private sector refiner says that the CDR facility will be replaced with a new debt facility of about Rs 9,400 crore on mutually acceptable commercial terms from its group of lenders.
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