Tuesday, January 8, 2019

Buyback by govt, IAF dues behind HAL financial woes

According to HAL’s annual report, the company borrowed nine times in the last financial year to meet its working capital requirements; of this, it borrowed seven times in March 2018 alone. The company borrowed a total of Rs 4,446.87 crore in the last nine months of the previous financial year.

Posted from: this blog via Microsoft Flow.

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