Indian firms with overseas debt afraid of losing the plot - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Indian firms with overseas debt afraid of losing the plot

Many of them are beginning to fear that liquidity crunch and dip in earnings could make the situation difficult for them. There is also a question mark on whether companies would be able to service their external commercial borrowings (ECBs) — often unhedged against foreign currency fluctuation — due to fall in sales and exports.

from Company-News-Economic Times
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