Wall Street accelerates backup plans as coronavirus gets closer to home; offices testing secondary centres, systems if condition worsens
JPMorgan, Citigroup Inc, Wells Fargo & Co and Goldman Sachs have restricted all non-essential international travel for employees on account of coronavirus, starting with JPMorgan late last week
IL&FS to sell stake in education, wealth management arms; firm's financial services subsidiary defaults term loan of Rs 100 cr
The crippled infra lender is selling the group's stake in IL&FS Education & Technology Services (IETS), along with other subsidiary businesses and IIML along with all its associated fund management platforms.
72 luxury cars bought by debt-laden IL&FS to go under the hammer soon; asset sale continues amid rising defaults
The Uday Kotak-led board appointed by the government at IL&FS Group will auction the fleet of the luxury cars for which the company will issue advertisements initiating the bidding process.