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Debt-struck Lanco Infratech strives for an easy loan repayment

Friday, July 20th, 2012 2 Comments »

Debt-struck Lanco Infratech strives for an easy loan repayment
Lanco Infratech, a realtor limited to power and road projects, with nearly Rs 23,000 crore of long-term debt, is negotiating with some banks for an easier loan repayment schedule. Sources said that the company is negotiating with individual banks for extension of loan tenure and lowering of interest cost as some of its power plants [...] Continue Reading »



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