Countdown for India Tycoons as Debt Dagger Hangs Over Stocks
Knives sit on display in an outdoor store in Bartonville, Illinois, U.S. (Photographer: Daniel Acker/Bloomberg)

Countdown for India Tycoons as Debt Dagger Hangs Over Stocks

(Bloomberg) -- Indian media giant Essel Group, run by industry mogul Subhash Chandra, is seeking an extension to repay debt in order to avoid creditors liquidating its shares.
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