open view web desk MUMBAI- India on Monday moved to take control of Infrastructure Leasing and Financial Services (IL&FS), whose recent defaults have roiled Indian markets, in a rare move highlighting the extent of the woes at the debt-laden financing and construction firm. The government has filed an […]
open view web desk New Delhi [India], Sep 30: Congress president Rahul Gandhi on Sunday launched a scathing attack on Prime Minister Narendra Modi, alleging that the latter was bailing out the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) using funds from the State Bank of India (SBI) […]
open view web desk MUMBAI – A credit crunch facing Infrastructure Financing and Leasing Services Ltd (IL&FS) has roiled the nation’s financial markets in recent days, triggering concerns about risk in the rest of the country’s shadow banking sector. Below is an outline of what the company does […]
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