Moneycontrol PRO
The Learning Curve
The Learning Curve

business

Vijay Mahajan promoted BASIX to look at debt restructuring

After opting out of CDR early this year, microfinance company BASIX, promoted by Vijay Mahajan, is now having second thoughts on debt restructuring. The company held a meeting with lenders early this week to discuss the way forward, reports CNBC-TV18’s Gopika Gopakumar.

first published: Dec 9, 2011 06:40 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347