Friday 22 September 2017

Usha Martin eyes debt reduction through sale of wire ropes unit

KOLKATA: Usha Martin, the beleaguered steel company caught in the midst of a bitter tussle between two of its promoters, has appointed a consultant to sell wire and wire ropes business to reduce its Rs 3,300-crore debt burden.

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via Usha Martin eyes debt reduction through sale of wire ropes unit

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