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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Bulls return to D-Street as falling oil prices ease geopolitical jitters

Indian stock markets experienced a significant rally on Wednesday. Both the Nifty 50 and S&P BSE Sensex saw gains exceeding 1 percent. T...