Is Uday Kotak-led IL&FS talking up its recovery?
The management of the bankrupt group claims to have resolved 61% of its massive debt. Reality or window dressing?
We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
$99 for one year
More in Business
You may also like
SC scrapped Bhushan Power and Steel deal to protect IBC, not undermine it
Acquirer JSW Steel and the other parties to the resolution process of the insolvent entity vitiated the sanctity of the bankruptcy code, the apex court found.
Lured by a get rich(er) quick scheme, HNIs allege TradeCred bluffed them
A row has broken out between invoice discounting platform TradeCred and a few investors over a default involving the popular startup Bizongo. This is the latest blow-up in a space that is driven by the allure of high returns and is a regulatory grey area.
India’s business next-gen a lazy and unambitious lot? Not really.
Uday Kotak says heirs are choosing to manage family money rather than run real businesses. This lament doesn’t stand scrutiny.
