Tuesday, October 16, 2018

How IL&FS built a road to riches, for some

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by Andy MukherjeeIt was buried in plain sight, in footnote No. 8 on page 28 of an IPO prospectus. But nobody in September 2009 was paying attention to that particular disclosure. And certainly not with any misgivings: Six months later, IL&FS Transportation Networks Ltd., which housed the road assets of a pioneering Indian infrastructure finance, […]

How IL&FS built a road to riches, for some
Will Robins



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