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Important news, must read stories on NDTV Profit on Friday.
The automaker called the report unfounded, and said there is no truth to the matter.
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NDTV Profit, in its weekly news wrap every Friday, brings you the mega events across businesses, industries, and countries that have impacted investors' wealth.
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The company's revenue stood at Rs 58 crore for the quarter-ended June.
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FPIs mopped up equities worth Rs 406.7 crore, according to provisional data from the National Stock Exchange.
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Revenue decreased by 1.1% year-on-year for the three months ended June, reaching Rs 576.08 crore.
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The fast pace of expansion in the last three years is putting stress on cash flows as working capital requirements and foray into newer consumer areas are consuming cash.
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SBI MD Ashwini Kumar Tewari said that bonds will be more viable options for financing long-term infrastructure projects compared to loans.