• SENSEX
    NIFTY 50
Finance

IL&FS to sell domestic road assets held by ITNL

Updated : December 17, 2018 09:46 PM IST

IL&FS, which is looking to sell assets to pay off debts, plans to sell its stake in the road businesses as individual assets or as a portfolio of assets, it said in a statement.
The sale comprises seven operating road projects based on an annuity or an annual income-based revenue model and eight toll road projects together totalling over four-fifths of its operational road portfolio, according to ITNL's March 2018 annual report.
IL&FS to sell domestic road assets held by ITNL
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV