DLF to Borrow Rs 4000 crs to Rs 5000 crs at 30 % to 35 % interest pa from Malvinder Singh of Ranbaxy !?

NDTV Profit is reporting today unconfirmed developments that the Real Esate King DLF is to borrow Rs 4000 crs to Rs 5000 crs from Cash Rich Dollar Billionaire,Malvinder Singh who sold his Ranbaxy stake for Billions of Dollars to Dai-ichi of Japan recently The alarming note is not the quantum of Borrowing but the reported Interest Rate …

DLF to Borrow Rs 4000 crs to Rs 5000 crs at 30 % to 35 % interest pa from Malvinder Singh of Ranbaxy !? Read More »