Followers

Wednesday, October 31, 2018

Govt may consider outright sale of debt-ridden IL&FS

A plan to be presented to a bankruptcy court on Wednesday by the state-appointed board of the lender includes selling the entire stake to a financially strong investor and ensure business continuity. Other options include splitting businesses according to verticals and disposing them off to several buyers or injecting liquidity at group level.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2SsDPmy

No comments:

Post a Comment

US indictment: Did Adani Group flout disclosure norms? Sebi seeks answer

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...