Up To 10 IL&FS Group Companies To Be Put On Sale, Says Official

Following an "overwhelming response" to buy units of debt-ridden Infrastructure Leasing and Financial Services Ltd (IL&FS), its state-appointed board will soon put on sale another 8 to 10 subsidiaries, an official said on Saturday. "I understand that expressions of interest (EoIs) for another 8 to 10 companies will be shortly called," Company Affairs Secretary Injeti Srinivas said on the sidelines of a conference on insolvency and ba...