We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Congress: IL&FS crisis “India’s Lehman Brothers moment”; seeks probe

8 25 439

Calling the IL&FS crisis “India's Lehman Brothers moment”, the Congress on Wednesday, September 26, sought a Supreme Court monitored multi-agency probe saying the irregularities in it has brought India on the verge of economic collapse.

Congress spokesperson Manish Tewari said the IL&FS Group, an infrastructure development and finance company, has a total debt of ₹91,000 crore as on March 31, 2018 and was in no position to pay back its dues and had started defaulting.

"This is such a serious matter that a multi-agency investigation needs to be carried out under........

© National Herald