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I stayed on yacht, but took no favours: Gadkari
India News: Me or my family have never travelled using corporate money. Till date, I have never taken any corporate money, ticket or sponsorship.
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Essar Global repays all debt to Indian and foreign lenders
Essar Global has repaid its last tranche of debt of Rs 12,000 crore to its various Indian and foreign lenders.
The Rs 12,000 crore repayment is over and above Rs 30,000 crore (US$5 billion) repayment made to lenders in 2017.
Essar Group has repaid Rs 1,37,000 crore of debt, which is the largest ever deleveraging by an Indian corporate.
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Essar Group’s Debt Repayment Is The Largest Ever In India
Speaking on the sidelines of the World Economic Forum at Davos, Ruia talks about how the Essar Group managed to become debt free after repaying a massive $25 billion debt.
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Essar Group becomes debt-free after repaying $25 billion
Essar Group has become debt-free, having settled the remainder of its $25 billion debt after the sale of two ports and a power plant to ArcelorMittal Nippon Steel Ltd (AM/NS), the group said on Monday.
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