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BY šPEMBEKAL JAM TANGANā
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the companyās plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at ā¹43,559 crore at the end of March 2021 compared to the companyās market capitalisation of ā¹44,447 crore.
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