misesindia.in
Indian Businesses are Drowning in Debt | Mises India
Indian businesses, especially the so-called ‘too big to fail’ ones, are drowning in debt and are failing one after another. Here is a list of few of these businesses: First, the IL&FS default and insolvency. Also, DHLF, another giant housing finance company, is also near default. Second, Baba Ramdev’s Patanjali is struggling hard with slower [...]