Strapped IL&FS may get a Rs 1,200-crore lifeline from LIC - Hinduism

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Saturday, September 15, 2018

Home Industry Strapped IL&FS may get a Rs 1,200-crore lifeline from LIC

Strapped IL&FS may get a Rs 1,200-crore lifeline from LIC

The non-banking finance company is looking to raise funds through a rights issue to shore up capital, reduce debt and recapitalise group companies.

from Industry-Economic Times https://ift.tt/2xj3Rin
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