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October 2019
IL&FS: Solving the puzzle      

IL&FS: Solving the puzzle     

The IL&FS resolution plan is one year old. Here's our earlier story on how top managers at the company not only looted the group to enrich themselves, but also hoodwinked auditors, and the board.

July 2019
Short-term relief for NBFCs

Short-term relief for NBFCs

The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.