IL&FS used to be a sovereign-rated entity until early last month before it was hit by a series of downgrades by credit rating agencies, which pushed its debt ratings to junk within the span of a month.
from Top Business News- News18.com https://ift.tt/2DF0Sr1
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Top Business News- News18.com
Debt-laden IL&FS to Implement 'Comprehensive' Restructuring Plan for Group
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