India Inc’s distress to worsen as 150 more firms face insolvency: Eight Capital

By Shailaja Sharma

  • 11 Jun 2018
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Indian companies with a total debt of at least $85 billion could face insolvency proceedings in coming months as banks drag more loan defaulters to the National Company Law Tribunal (NCLT), according to distressed asset management firm Eight Capital Advisory Services.The advisory firm estimates that about 150 large companies across ......

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