Date:31/05/2006 URL: http://www.thehindu.com/2006/05/31/stories/2006053106251505.htm

Business - Briefly

Essar Steel clears debt

NEW DELHI: Essar Steel has repaid the entire Rs. 927-crore debt of the Unit Trust of India. About Rs. 700 crore were paid out of internal accruals and the balance through refinancing.