It’s asking the Supreme Court to order lenders and central bank to give it more time, not classify it as a defaulter.
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Dwindling foreign currency reserves as tourism, the main source of dollars, stays curbed has left it with few choices.
The upcoming listing of the country’s insurer, the state-owned crown jewel, is being looked at as India’s Aramco moment.
Vodafone Idea will convert into equity its past dues to the gov’t, giving the latter a nearly 36 percent stake in it.
