Rescuing steel tycoon Pramod Mittal who owed £2.5 billion – Consultancy.uk
How does anyone end up going bankrupt with debts of over 2.5 billion, never mind if youre the brother of one of the worlds richest men? The answers include some of the usual business explanations; this was all about the risks of bad timing, betting big on commodity prices and signing unlimited personal guarantees. Pramod…