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Time to turn cautious on India Inc, debt levels to triple by next year: S&P

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Time to turn cautious on India Inc, debt levels to triple by next year: S&P Elections may pose additional risks for Indian corporates, it said Worldwide Rating agency  Standard and Poor ‘s (S&P) on Tuesday cautioned that it’s a great opportunity to turn careful on evaluated Indian corporates as their income development is probably going to back off in the following 18 two years. Worldwide dangers, for example, strength of product costs just as interest from the US and China will have a more noteworthy bearing on  Indian organizations  as opposed to residential interest in the following year or two, it advised. India’s focal government decisions may represent extra dangers for Indian corporates. A difference in organization may trigger expansionary government spending which may push up getting costs or even raise swelling,  S&P  said in an announcement. In any case, the execution of organizations appraised by S&P should stay stea...