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Update 2-indian Govt Moves To Take Control Of Debt-laden Il&fs | Reuters

by reuters.com posted 8months ago 80 views
* Company had planned to raise funds via debt, equity (Changes sourcing, adds details from tribunal, background): * Company had planned to raise funds via debt, equity (Changes sourcing, adds details from tribunal, background) MUMBAI, Oct 1 (Reuters) - 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.

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