A majority of lenders did not favour accepting a non-compliant EMD since that would require changing the terms of the RFP and reinviting bids. Some lenders, however, were worried that the alternative option – liquidation of the twin Srei companies – will result in lower recoveries.
Dollar weakness a ‘self-goal’ amid tariff miscalculation: Anurag Singh
Ansid Capital’s Anurag Singh discusses the impact of low energy costs, particularly cheaper oil, on businesses, inflation, and emerging markets like India. He praises a