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IL&FS in talks with IFC to sell minority stake

IFC to buy minority stake in ILFSAMC

IFC to buy minority stake in ILFSAMC
IL&FS (a conglomerate with diversified business in Engineering, construction and other fields) has contacted International Finance Corporation (IFC), a member of the World Bank group to seek loans for a $5-billion infrastructure debt fund. According to an official who has the direct knowledge of the development mentioned that the company is planning to raise this fund [...] Continue Reading »



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