IL&FS Honchos Knew Of Stress Since 2011, Emails Show
A trail for emails, exchanged between executives of rating agencies and IL&FS Group companies, showed the instances when the infrastructure & leasing giant expressed unhappiness over ratings and the agencies acceding to their wishes by assigning favourable ratings. (File Photo)
A trail for emails, exchanged between executives of rating agencies and IL&FS Group companies, showed the instances when the infrastructure & leasing giant expressed unhappiness over ratings and the agencies acceding to their wishes by assigning favourable ratings. (File Photo)
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