Board for Industrial and Financial Reconstruction

Khaitan Electricals to be declared as a sick unit by BIFR

Indiaretailing Bureau - July 25, 2016

Household appliances maker Khaitan Electricals has approached the Board for Industrial and Financial Reconstruction (BIFR) to declare it as a sick industry as its accumulated losses had exceeded the net worth. According to a PTI report: "The company has submitted...

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