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More Indian companies are likely to default on their borrowings in the fiscal year that started in April compared with the previous year on higher interest costs and a deterioration in business conditions, according to rating agency ICRA.

Challenges in resolution of construction firms: Icra

The financial creditors of stressed construction firms are likely to face high haircuts and smooth resolution still...

6 Aug 2019 2:42 AM IST

Top executives of SCG International and BigBloc Construction Ltd. sharing the stage at the Press Conference event. (Photo by arrangement)

SCG Intl & BigBloc Construction setup JV to manufacture AAC Wall...

The venture aims to generate sales of Rs. 125 crores per annum, operating at full capacity.

27 Dec 2022 12:28 AM IST