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No indemnity, warranties for IL&FS assets

MUMBAI: Infrastructure Leasing & Financial Services, which is selling assets to repay debt of about Rs 91,000 crore ($13 billion), won’t provide indemnity and warranties to potential buyers, a move that will drive down valuations steeply, said three people with direct knowledge of the matter. The IL&FS board, which the government reconstituted in October after […]

Betting on green tech for biz, jobs – EQ Mag