Monday, October 30, 2023

Insolvency resolution high for manufacturing sector, lags for real estate

Manufacturing and real estate sectors in India have seen varying outcomes in insolvency cases. Manufacturing accounted for 38% of admitted cases but 48% of resolved ones, while real estate represented 21% of admitted cases but only 15% of resolved cases, according to data from the Insolvency and Bankruptcy Board of India.

from Economy-News-Economic Times https://ift.tt/tiFXR0y
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