New Delhi, Nov. 29 -- Padma Jaiswal, secretary, Govt. of Puducherry, on Saturday said that corporate restructuring is the most crucial aspect to revive the corporates to overcome financial distress, enhance performance and adapt to market changes.
While addressing a PHDCCI conference here, she said, " Sudden spate of economic activity in India has necessitated corporate restructuring and banking and telecom sectors have seen large-scale mergers and acquisitions (M&As).""Post restructuring, our telecom sector is doing exceedingly well, marked by substantial growth in subscribers, data usage and revenue driven by key government reforms and technological advancements like 5G rollout," she added.
The Government's commitment can be seen in the...