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Beleaguered non-banking finance company IL&FS is selling commercial properties in GIFT TWO, Gujarat’s GIFT City, as part of its debt resolution process. The properties include offices leased to Tata Consultancy Services.
Beleaguered non-banking finance company IL&FS is selling commercial properties in GIFT TWO, Gujarats GIFT City, as part of its debt resolution process. The properties include offices leased to Tata Consultancy Services. IL&FS is reaching out to prospective investors to manage its debt obligations.
Finance minister (FM) Nirmala Sitharaman is set to meet fin-tech leaders on 26th February to ‘reassure’ them and address complaints regarding stringent supervision by the Reserve Bank of India (RBI). It will be disappointing if the FM succumbs to pressure in an election year.
KKR affiliate entity set to acquire IL&FS’ stake in Bangalore Elevated Tollway : Rashtra News #KKR #affiliate #entity #set #acquire #ILFS #stake #Bangalore #Elevated #Tollway Global investment firm KKR, through an affiliate entity, is set to acquire crisis-hit non-banking finance company Infrastructure Leasing & Financial Services’ (IL&FS) stake in Bangalore Elevated Tollway Private Ltd. (BETPL). […]
Finance minister Nirmala Sitharaman’s ‘White Paper on the Indian Economy’ has presented a detailed analysis of the ‘policy paralysis’ and governance issues of the 2004-2014 period.