IL&FS Board Appoints Nominee Directors for Subsidiaries; Initiates Austerity Measures

The newly-constituted board, headed by veteran banker and MD & CEO of Kotak Mahindra Bank, Uday Kotak, met for the second time on Friday to decide on the further course of action for the cash-crunched company.

from Top Business News- News18.com https://ift.tt/2ITdz0r