Diabytes
IL&FS Group News
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EOW DSP Prakash Babu confirmed that Parthasarthy has been arrested and taken into police custody for 15 days.
The EOW stated that the FIR has been registered in connection with the complaint given by 63 moons Technologies Ltd, which lost a sum of Rs 200 crore.
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NCLAT has said that no bank or financial institution can declare the accounts of debt-ridden IL&FS.
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IL&FS was awarded the contract for building the strategic14.2 km-long Zojila tunnel to provide all-weather connectivity between Srinagar, Kargil and Leh.
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The total debt of the group was pegged at Rs 94,215.6 crore as of October 8.
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Exim Bank on Tuesday said it will set up in Africa a development firm KPDC, in partnership with others, to facilitate Indian participation in infrastructure projects across the continent.
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