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.
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.
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.