Kotak Mahindra Bank CEO and Managing Director Uday Kotak has said that the Omicron will prompt people, markets and policymakers globally to “shoot from the hip in crisis management”.
Morning News Call - India, April 6 Reuters 2 hrs ago
To access a PDF version of this newsletter, please click here https://share.refinitiv.com/assets/newsletters/Indiamorning/MNC IN 04062021.pdf If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage FACTORS TO WATCH • 10:00 am: Securities and Exchange Board of India Chairman Ajay Tyagi, HDFC Vice Chairman and Chief Executive Keki Mistry, Kotak Mahindra Bank Chief Executive and Managing Director Uday Kotak at CII Corporate Governance summit. • 10:45 am: Adani Ports and Special Economic Zone President Sandeep Mehta, Inland Waterways Authority of India Chairperson Amita Prasad, JSW Group Chief Executive and Joint Managing Director Arun Maheshwari at ASSOCHAM webinar on IWAI projects. • 11:00 am: Textiles Infrastructure and Investment Joint Secretary Jogiranjan Panigrahi, Niti Aayog Deputy Advisor Upender Kumar Gupta at PHD Chamber
WHAT IS IL&FS CRISIS IL&FS Crisis Infrastructure Leasing & Financial Services (IL&FS) is a non-banking financial company (NBFC), or shadow bank . Established over 30 years ago, the conglomerate funds infrastructure projects across India. Some of the projects it has helped develop are 9-km Chenani-Nashri tunnel (India’s longest road tunnel), Delhi-Noida Toll Bridge, Ranchi-Patratu Dam Road, Baleshwar-Kharagpur Expressway, Tripura Power Project, and Gujarat International Finance Tech-City (GIFT). Among IL&FS shareholders are LIC, SBI, Japan s Orix Corporation, HDFC and CBI. The subsidiaries of IL&FS include transportation network subsidiary IL&FS Transportation Networks Ltd (ITNL), engineering and procurement company IL&FS Engineering and Construction Co Ltd and financier IL&FS Financial Services Ltd.