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Bhushan Steel and its Historical Emergence out of the Indian Debt Trap

swati11 on Finance

https://blog.finology.in - By 2014, Bhushan steel officially entered the bankruptcy court, it is the first company to emerge successfully out of bankruptcy. Read the Success story of Bhushan Steel.
From Vijay Mallya to Nirav Modi nothing seems to ring the alarm for them. While the tales of corporate defaults seems to increase, there was another company on the list, which elaborated on the great Indian Debt Trap. Bhushan Steel will be a story worth narration and one which every future banker will have to look into and learn to stay away from.

And in this blog, we will discover how it happened. We will see every detail right from how the sun rose to how it set in the Bhushan steel kingdom. So what's the wait for? Hop on to find out.

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