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Borrowing of infra firms rises faster than revenue
September 18, 2013September 18, 2013by In Infrastructure Finance

Borrowing of infra firms rises faster than revenue

Official data shows that the borrowing of 17 construction and infrastructure (C&I) companies that are part of the BSE-500 index has risen more than their revenue and net profit during the last five years since 2008. While borrowings of these firms rose a little over five times, to Rs 2.7 lakh crore since 2008, their revenue and cas