Paying the price
Investors have a long and painful wait as highly leveraged of companiesundertake measures to lighten their burden
The crisis of mounting debt is not restricted to the US and euro zone. Many Indiancompanies that went for ambitious diversifications and expansions are groaning under apile of debt. Rising interest rates is adding to their burden even as the market meltdownis compounding the problem.
see the link for detailed ....
http://cmlinks.com/moneypore/profilenew/newspop.asp?cocode=17808&period=1102&srno=10276005011
source : capitalmarket
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