 "Chart: India Inc asset sales peak in 2016, Essar tops list")
In 2016, the sale of assets by Indian corporate sector spiked as economy slowed down and banks became more aggressive in getting their funds back. The global commodity crash also led to many projects becoming unviable.
Be it the Tatas, Ruias, or the Jaypee group, India Inc sold more assets than buying new ones. Here is the list of top transactions undertaken by Indian companies to reduce their debt.
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