“IL&FS’ management had thrown its hands up. They had no credibility left, so any potential investor would have been reluctant. A new management had to be put in place,” said a person familiar with deliberations.
from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/2Ovpdnc
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Monday, October 1, 2018
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Management change to restore confidence in IL&FS: Government
Management change to restore confidence in IL&FS: Government
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