Diabytes
Asset sale News
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"India has accepted a public debt anchor at 60 per cent of GDP. We think that is appropriate. And that's something that will help India establish its public debt as a safe asset," he said.
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To reduce its debt by nearly 25 percent, Mumbai-based property developer HDIL hopes to monetise all its non-core assets in coming fiscal and expects to garner around Rs 750 crore which will be utilised for paring debt, a top company official said.
UK trade union GMB has asked Tata Steel to protect the interest of workers in case it sells its European assets and to refrain from any move that has impact on their pension, warning of industrial action if the company fails to address these concerns.
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