Thursday 31 August 2017

Essar Steel seeks another Rs 1,000 crore loan to keep itself running


MUMBAI: Essar Steel, which is managed by an insolvency professional pending resolution of Rs 45,655 crore debt, is seeking another Rs 1,000 crore in loans to keep the firm running, and easing of restrictions imposed by lenders on the use of funds, said two people familiar with the matter.

You can read more here: Essar Steel seeks another Rs 1,000 crore loan to keep itself running

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