Debt Burden On India Inc Continues To Surge
  • Saba Ashraf
  • Aug 27 2013

August 27: As projects have ground to a halt and domestic demand has plummeted, corporates have found it increasingly hard to keep the debt on their books under control. Even as the government gives another serious push to big ticket projects in the country, the mounting debt stress on corporate India continues unabated. Data with Bloomberg TV India shows that debt worth a whopping Rs.75,000 crore has been referred to the corporate debt restructuring cell in just the last two months.