HDIL beats streets; reduces debt by 22% YoY

Sarang Wadhawan, Vice Chairman and Managing Director, HDIL expects further curtailing of debt levels after posting very good fourth-quarter figures.

Sarang Wadhawan, Vice Chairman and Managing Director, HDIL expects further curtailing of debt levels after posting very good fourth-quarter figures.

After BJP-led National Democratic Alliance's (NDA) landslide victory in the recently concluded Lok Sabha election, investors are expecting measures from the incoming government to revive the Indian economy, he adds.