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IL&FS appoints advisers for debt resolution plan

Updated : October 23, 2018 06:26 AM IST

The six-member IL&FS board was formed to revive the financier and infrastructure developer, which has 348 subsidiaries and 910 billion rupees ($12.4 billion) of debt.
The board also appointed consultancy firm Alvarez and Marsal as restructuring advisers to the group, it said.
IL&FS appoints advisers for debt resolution plan

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