IL&FS' stake sale in IPRWL to IndianOil Adani hits IOC hurdle

-
This is the second time the sale of this distressed asset has encountered obstacles, following a Morgan Stanley-run fund's withdrawal from a deal to purchase it a year ago.

from Stocks-Markets-Economic Times https://ift.tt/2T89BQa

Comments

Post a Comment

Popular posts from this blog

Loan growth touches new low in the pandemic year

-
Image
The pandemic led contraction in economic activity led to a sharp slowdown in credit demand Non-food bank credit growth rose by 4.9 per cent in March 2021, lowest in more than five decades as compared to 6.7 per cent in March 2020. Loans to large industries contracted by 0.8 per cent, while loans to micro and small enterprises rose by a mere 0.5 per cent. from Stocks-Markets-Economic Times https://ift.tt/2PEULK7
Read more