NIFTY 50

IL&FS Transportation defaults yet again

Updated : November 23, 2018 06:57 AM IST

Earlier this month, it had defaulted on payment of interest worth Rs 2.29 crore on NCDs payable on November 2. It had also defaulted on interest payment of a similar amount on a different NCD, which was due on November 1.
So far the crippled IL&FS group has defaulted on many debt instruments worth over Rs 4400 crore, due to insufficient funds.
IL&FS Transportation defaults yet again
Published : November 22, 2018 08:38 PM IST

You May Also Like

Live TV

recommended for you