A plan to be presented to a bankruptcy court on Wednesday by the state-appointed board of the lender includes selling the entire stake to a financially strong investor and ensure business continuity. Other options include splitting businesses according to verticals and disposing them off to several buyers or injecting liquidity at group level.
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Govt may consider outright sale of debt-ridden IL&FS
Govt may consider outright sale of debt-ridden IL&FS
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