The downgrade of the credit rating of India's largest infrastructure development and finance company, IL&FS Group, to junk has put INR100bn ($1.4bn) worth of investments by insurers and pension funds at risk.
If you are already a subscriber
OR sign-up for a trial access here
Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.
more »