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'Many mutual funds will collapse if IL&FS fails': Govt seeks Satyam-like takeover of IL&FS board
The government will take a Satyam-like approach to deal with IL&FS situation.

Govt seeks to supersede IL&FS board in Satyam-style takeover, proposes Uday Kotak as chairman The government's counsel told the NCLT that IL&FS' directors had "failed to discharge their duties" and that many mutual funds would collapse if IL&FS collapses

-IL&FS gets a lifeline.
-Bandhan Bank & promoter punished.
-Vakrangee faces scrutiny.

That and much more on today's All You Need To Know podcast.🎙

All You Need To Know On October 01, 2018 Bloomberg | Quint is a multi-platform, Indian business and financial news company. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep exper

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