IL&FS Board Invites Bids For Two Subsidiaries After IndusInd Deal Falls Through
Uday Kotak, chairman of Kotak Mahindra Bank Ltd., is heading the new IL&FS board that’s charting the group’s revival. Photographer: Simon Dawson/Bloomberg

IL&FS Board Invites Bids For Two Subsidiaries After IndusInd Deal Falls Through

Infrastructure Leasing & Financial Services Ltd. invited buyers to acquire stake in two of its subsidiaries as it kicked off asset-sale process to revive the debt-laden group.The new government-app...
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