Billionaires Are Facing a Corporate Debt Reckoning in India
Employees pray during a special holiday trading session on the occasion of Diwali at the BSE in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Billionaires Are Facing a Corporate Debt Reckoning in India

(Bloomberg) -- Indian tycoons including Ajay Piramal and Pallonji Mistry are grappling with a prolonged realty slump that’s adding to the shadow banking crisis, showing that even the nation’s riche...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.