We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

India prizes fiscal prudence over corporate debt

23 June 2016 By Una Galani

A share buyback by a state-owned miner and an auction of telecom spectrum suggests companies may have to borrow to help the government meet its deficit targets. New Delhi seems intent to meet its pledge to raise $23 billion for the state coffers – even if it upsets India Inc.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)