It has a total debt of over Rs 19,000 cr, of which Rs 17,000 cr is from India business and rest from London market, but Lodha exuded confidence that it would become net debt free in the next 2 years
From RBI making it mandatory to link all fresh retail loans to an external benchmark to the FinMin crunching numbers to estimate revenue loss from GST rate cuts, here are today's top business news
However, a spokesperson for the largest realty player in India attributed the lay-offs to performance reviews
It all began in 2004, when the former chairman of Birla Corporation, Priyamvada Birla, died
The company would leverage the power of Adobe Experience Cloud solutions to expand its reach, drive enhanced customer experiences
MD Abhishek Lodha said that its Indian debt stood at Rs 14,500 crore, while debt of London business was 300 million pounds
Sales have grown by about 70% from same quarter of last fiscal
Sales were affected during Nov 2016 to Jan 2017 period because of poor demand post note ban: Lodha
ED will produce Lodha in a court to obtain his further custody
Aims for Rs 7,500 cr of sales in FY17