Wockhardt changed business model, worst over, says chairman
By Prashant R Nair | Published On: August 23, 2012 09:30 (IST) | Duration: 6 min, 47 sec
Wockhardt defaulted on $110 million in overseas bonds in 2009 and renegotiated payment on Rs 1,300 crore in loans. The company is now free from a bitter process of debt recast and has witnessed share price jump three times in just one year. Habil Khorakhiwala spoke to NDTV Profit on the company's prospects going forward.