Apparel
Bombay Rayon plans strategies to lessen debt burden
Hit by global recession, Bombay Rayon Fashions is taking measures to reduce its debt burden. The company which has brands such as Vero Moda and Jack & Jones under its portfolio has appealed to its lenders to convert 10 per cent of the total loan into equity to get rid of about Rs 4,100 crores debt. As per sources, the company submitted a debt...
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