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Debt Reduction News

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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.
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The sale of Jaiprakash`s entire hydropower portfolio, which has an aggregate capacity of nearly 1,800 megawatts, would make Reliance the country`s largest private provider of hydroelectric power.






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