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    Home F1 Reuters: Top News Saving the Titanic: India took control of IL&FS to avert 'catastrophic' damage - government

    Saving the Titanic: India took control of IL&FS to avert 'catastrophic' damage - government

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    The Indian government said it was forced to take control of ailing shadow banking firm Infrastructure Leasing & Financial Services (IL&FS) as it feared its collapse would cause "catastrophic" damage to the financial markets and the economy, a court filing shows.


    from Reuters: Top News https://ift.tt/2pCAfZL
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