Why the GIC deal may not help DLF break the debt jinx

By Jyotindra Dubey

  • 02 Mar 2017

DLF Ltd, India’s biggest property developer by market value, may not be able to come out of its debt trap anytime soon despite its promoters’ planned stake sale in the company’s rental arm to Singapore sovereign wealth fund GIC Pte Ltd.The developer said on Wednesday it will sign a pact ......

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