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Tuesday, September 25, 2018

IL&FS financial arm defaults on commercial papers

For the third time in a month, crippled infrastructure conglomerate IL&FS’ financial services arm on Monday defaulted on interest payments of commercial papers (CPs). The interest on the papers were due on Monday, the company informed the exchanges.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2IfJmYM
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