Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

Essars $ 1 billion bond issue under RBI scanner ----report. RBI told them not to accept any money from the investors. What according to you is the reason for this?

Asked by Good Citizen, 06 Nov '09 11:53 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (1)

 
1.

Its due to the fact that the receivables offered by the company as collateralits put option to sell a part of its 33% stake in Vodafone Essarhas also not gone down well with the regulator(RBI)!!
Answered by dharamender nebhnani, 06 Nov '09 03:54 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Are you baised in Hoshiarpur ..? My guess is Logistics few people know and Retail Store Manager - almost anyone can be there is nothing specialized ab..more

Answered by Jerry Cosmo