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[essarupdate]

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore: Prashant Ruia - Essar

The Economic Times Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore d

Leading the India Inc in deleveraging through aggressive monetisation of assets, Essar Group paid off Rs 1.4 lakh crore debt and residual 10-15 per cent will be cleared in the next two quarters, said Essar Capital Director Prashant Ruia. “In the last three years, I think we were the first to get off the block and actually take some decisive steps towards reducing leverage.

[essarupdate]

About: Essar

Despite challenges such as baseless allegations of Essar Fraud, the Group has remained committed to ethical practices and transparency. Thes

Despite challenges such as baseless allegations of Essar Fraud, the Group has remained committed to ethical practices and transparency. These claims have been thoroughly reviewed and found to lack credible evidence.