Vakrangee says its trade receivables are largely “retention money” for e-governance projects that would get released in the next 12 months. (Photographer: Dhiraj Singh/Bloomberg)

The Curious Case Of Vakrangee’s Trade Receivables

Vakrangee Ltd., which grappled with governance concerns, has seen the number of days it takes to collect money from clients spike fivefold.That followed business restructuring after Price Waterhous...

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