India’s Jindal Lines Up $1 Billion Loan in Boost for Slow Market
The power unit of one of India’s largest conglomerates Jindal Group is seeking to raise as much as $1 billion from offshore loans to fund overseas expansion, according to people...
By Saikat Das · Bloomberg Markets
The power unit of one of India’s largest conglomerates Jindal Group is seeking to raise as much as $1 billion from offshore loans to fund overseas expansion, according to people familiar with the matter, providing relief for India’s dollar loan market that’s been stymied by trade swings.