The Group has on a consolidated basis failed to repay Rs 2,905.6 crore (Rs 29.05 billion) in principal amount to banks and another Rs 1,558.93 crore (Rs 15.58 billion) in interest payments.......
It is hoped that the decision of India's apex court will send a signal to politicians and their cronies from the world of business that the rule of the law does eventually prevail, says Paranjoy......