New Board At IL&FS Initiates Austerity Measures
New board of IL&FS addresses a press conference in Mumbai. (Photographer: Sajeet Manghat/BloombergQuint)

New Board At IL&FS Initiates Austerity Measures

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The newly appointed board of Infrastructure Leasing & Financial Services Ltd. in its second meeting today initiated austerity measures for personnel and operating expenses.The seven-member board, c...
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