India: Jaypee Group still needs to reduce its debt level

India: Jaypee Group still needs to reduce its debt level
Published: 21 June 2016

Tagged Under: Jaypee Group India 

For the promoters of Jaypee group, the aggressive expansion during the last decade has cost them dearly. The Delhi-based group had to sell profitable assets to remain afloat even as banks, alarmed by its defaults, are pressurising the group to put more assets on the block, writes the Business Standard.













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