Thursday, September 27, 2018

Shadow banking scare may derail India's growth story

Construction of the Z-Morh tunnel came to a halt two months ago after Infrastructure Leasing & Financial Services (IL&FS), one of India's top infrastructure funding companies which was helping build the project, stopped paying contractors in the face of a severe cash crunch.

from Times of India https://ift.tt/2xJrCB4

No comments:

Post a Comment

Haryana DSP tries to stop mining mafia truck in Aravalis, mowed down

A 59-year-old deputy superintendent of Haryana Police was mowed down by a truck carrying stones from an illegal mining site in the Aravalis ...