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?
12 July, 2021•12 min
0
12 July, 2021•12 min
0

More in Business
Business
Amitabh Chaudhry needs to rethink Axis Mutual Fund’s revival strategy
The fund house has fallen behind its peers. What explains the sub-par performance?
You may also like
Business
Why Kotak Mahindra Bank is in a hurry to swallow IDBI
As growth flatlines, acquisition of the government-controlled lender may be the only way out for the Uday Kotak-promoted bank to stay relevant.
Business
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.
Internet
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.








