Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta’s Australian steel business InfraBuild is offering to pay high interest rates to regain access to ...
InfraBuild, the most profitable business in British industrialist Sanjeev Gupta’s faltering global business, has crashed to a loss of more than $80 million in six months, paying millions of dollars to ...
Sanjeev Gupta’s InfraBuild says it has won a reprieve from bondholders who will lend the steel-making business another $US150 million ($240 million) it can use to ...
The $250.3m loss for the 2025 financial year deepened a $121m loss in 2024 amid tight margins and a tough commodity market. The company’s auditor, KPMG, pointed to material uncertainty over the ...
Sanjeev Gupta’s InfraBuild has struck two key agreements which should avoid a possible default on its debts but the $US150m in new debt at the heart of the deal is ...