Re-denominated overseas debt to help companies avoid currency risks; $6 … – Economic Times

MUMBAI: A number of infrastructure companies, including some major private players, are looking to sell masala bonds, as they seek to reduce the risks associated with external commercial borrowings by moving to this rupee-denominated overseas debt that also comes with easier conditions. As much as $6 billion (about Rs 40,000 crore) could be raised through…

Forest contractors call for insolvency law changes in latest shot in Gunns … – ABC Online

Related Story: Forest contractors may face bankruptcy over Gunns liquidators legal action Australia’s peak forest contractor lobby wants Federal Industry and Innovation Minister Christopher Pyne to include changes to preferential payments in his push for company law overhaul. The liquidators of timber giant Gunns Limited have taken action against forestry contractors…