https://www.taxtmi.com/news?id=4267 Volatility in cotton prices and domestic prices exceeding support levels caused financial distress in the textiles sector-negative operating cash flows, low profitability, adverse capital structure and inadequate debt service coverage-necessitating a targeted debt restructuring package implemented on a case-by-case basis under banking prudential guidelines to restore debt serviceability and stabilise textile borrowers' capital positions. en-us Thu, 13 Dec 2012 10:43:39 +0530 Thu, 13 Dec 2012 10:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4267 Volatility in cotton prices and domestic prices exceeding support levels caused financial distress in the textiles sector-negative operating cash flows, low profitability, adverse capital structure and inadequate debt service coverage-necessitating a targeted debt restructuring package implemented on a case-by-case basis under banking prudential guidelines to restore debt serviceability and stabilise textile borrowers' capital positions. News - Thu, 13 Dec 2012 10:43:39 +0530 https://www.taxtmi.com/news?id=4267