Wednesday, November 6, 2019

Tata Steel trims capex, debt reduction plans as demand crimps

Tata Steel trims capex, debt reduction plans as demand crimps In May this year, the company, which has a gross debt of Rs 1.11 lakh crore as of end September, had announced plans to reduce the debt by another USD 1 billion and a capex plan of Rs 12,000 crore.

from Moneycontrol Business News https://ift.tt/2JXQATA
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...