{"id":288391,"date":"2019-08-22T07:06:42","date_gmt":"2019-08-22T07:06:42","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=288391"},"modified":"2019-08-22T07:06:42","modified_gmt":"2019-08-22T07:06:42","slug":"settlement-of-government-dues-sees-indian-oils-debt-levels-fall-by-rs-20000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/settlement-of-government-dues-sees-indian-oils-debt-levels-fall-by-rs-20000-crore\/","title":{"rendered":"Settlement of government dues sees Indian Oil\u2019s debt levels fall by Rs 20,000 crore"},"content":{"rendered":"<p>State-run public sector oil major Indian Oil Corporation has seen a Rs 20,000 crore reduction in its net borrowing level (net debt) during the first quarter of the current financial year, according to the company\u2019s chief financial officer Sandeep Kumar Gupta. A large part of this reduction has come from the settling of the government\u2019s pending dues, he noted. <\/p>\n<p>Speaking to analysts in a post earnings conference call, Gupta pointed out that the company\u2019s borrowing levels have decreased by around Rs 14,000 crore compared to the end of the previous quarter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run public sector oil major Indian Oil Corporation has seen a Rs 20,000 crore reduction in its net borrowing level (net debt) during the first quarter of the current financial year, according to the company\u2019s chief financial officer Sandeep Kumar Gupta. A large part of this reduction has come from the settling of the government\u2019s pending dues, he noted. Speaking to analysts in a post earnings conference call, Gupta pointed out that the company\u2019s borrowing levels have decreased by around Rs 14,000 crore compared to the end of the previous quarter.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-288391","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=288391"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/288391\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=288391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=288391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=288391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}