In one of the largest recent OTS deals, Matix, an ammonia and urea producer founded by Nishant Kanodia, son-in-law of Essar Group co-founder Ravi Ruia, settles entire debt with creditors such as SBI, IDBI Bank and others.
To discuss whether there is there a deep disconnect between Kolkata and its youth CNBC-TV18's Ronojoy Banerjee is joined by an excellent panel of entrepreneurs at the Au Bon Pain Cafe at Park Street.
"Private investment comes when you have infrastructure development," Mitra says in an interview to CNBC-TV18, adding that capital expenditure has risen more than six-fold to Rs 13,325 crore since the time Trinamool Congress came to power in 2011