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    EIL needs no debt or equity in FY12

    Ashok Kumar Purwaha chairman of Engineers India Ltd (EIL) says the company doesn’t require any borrowings in FY12. “We are a zero debt company today and are sitting on a cash of about Rs 2,000 crore. We don't need to go in for any borrowings.”

    first published: Apr 1, 2011 01:56 pm

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