THE NEWS IN PROPORTION
19 October 2017

Reckless borrowing, unholy redemption

With support from the Gujarat legislature, the Sardar Sarovar Narmada Nigam Limited's has moved to redeem its deeply discounted bonds prematurely, despite indictments from the audit watchdog and objections by SEBI. The matter is now at the Supreme Court. Himanshu Upadhyaya has more.