Bathla Group Seeks Funds as $2.5 Billion Debt Crisis Deepens

Indian conglomerate Bathla Group is seeking stopgap funding as its debt crisis escalates, with bankers describing the situation as a hammer blow. The company faces significant financial pressure amid growing concerns over its liabilities.

7 Sept, 00:11 — 7 Sept, 00:11

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh1d ago

Morgan Stanley Banker in Australia Says Bathla Is ‘Hammer Blow’

Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts on the economy at a time when sliding house prices could curb consumer spending.

By Adam Haigh

Read full article →

Bathla Group Seeks Funds as $2.5 Billion Debt Crisis Deepens

Sources

Morgan Stanley Banker in Australia Says Bathla Is ‘Hammer Blow’

Related Stories

Iceland's 2027 budget raises mileage fees, tourist levies and bank tax

U.S. Gasoline Prices Hit Record High for Labor Day

South Korean Won Surges to Near Two-Year High Against US Dollar

Record Foreign Exchange Reserves Reported Across Azerbaijan, Egypt And China