India Inc Corporate Debt

India Inc debt inches up 3.7% in FY20, deleveraging limited to a few firms

There was also an uptick in companies' gross debt-equity ratio on higher borrowings while profits declined for several companies last fiscal

Covid-19 lockdown: India Inc more vulnerable now than in recession of 2008

Profitability and cash reserves have halved since the global financial crisis

India leads Asian peers in risky corporate debt; interest payouts up 15%

A large part of India's corporate debt has turned risky in the last decade, according to a recent McKinsey report

Corporate debtor needs immunity from criminal liabilities: JSW Steel MD

Seshagiri Rao pointed out a clarification on immunity to corporate debtor was required as there could be claims from other departments of govt which could eventually result in some problem

As corporate India struggles to cut down debt, the economy suffers

The Indian government reported on Aug 31 that annual GDP growth in the quarter ended June dropped to 5.7 per cent