Saturday, September 29, 2018

ILFS appoints Alvarez and Marsal as specialist agency to develop debt restructuring plan

ILFS appoints Alvarez and Marsal as specialist agency to develop debt restructuring plan At the AGM, the company passed a resolution to raise capital through rights issue worth about Rs 4,500 crore, approach NCLT for asset sale resolution and get liquidity to repay debtors

from Moneycontrol Business News https://ift.tt/2zEsPeD

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...