| third- largest producer, plans to refinance as much as 55 billion rupees ($1 billion) of loans with dollar debt this year to lower interest costs. The steelmaker, owned by the billionaire Jindal family, plans to replace the rupee equivalent of $600 million of debt raised by unit, it is supposed to be a bustling place in Machilipatnam,” I tell the driver, who turns back to give me a terse “I know it”... |
