Never Too Big to Fail: The Collapse of IL&FS and its Ten Trillion-Rupee Maze - Hardcover

Hasurkar, Sandeep

9789389967531: Never Too Big to Fail: The Collapse of IL&FS and its Ten Trillion-Rupee Maze

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ISBN 10: 9389967538 ISBN 13: 9789389967531

Verlag: RUPA PUBLICATIONS INDIA PVT LTD, 2020

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Multiple stakeholders, including bankers, bureaucrats and other government authorities helped create an Icarus- the Infrastructure Leasing & Financial Services Limited, which soared higher and higher only to get burnt by its own ambitions. Its highly valued companies have gone bankrupt and are now being purchased at distress sale prices by the highest bidder.

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Sandeep Hasurkar has been an investment banker, term lender and policy advisor with leading financial institutions for the last three decades. Twelve years ago, he took a break from the virtual world of high finance to work in the real economy.

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Verlag: RUPA PUBLICATIONS INDIA PVT LTD
Erscheinungsdatum: 2020
Sprache: Englisch
ISBN 10: 9389967538
ISBN 13: 9789389967531
Einband: Gebundene Ausgabe
Anzahl der Seiten: 264
Kontakt zum Hersteller: Nicht verf�gbar
Verantwortliche Person: Buchb�r
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9789389967555: Never Too Big to Fail: The Collapse of IL&FS and its Ten Trillion-Rupee Maze

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ISBN 10: 9389967554 ISBN 13: 9789389967555
Verlag: Rupa Publications, 2020
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NEVER TOO BIG TO FAIL: The Collapse of IL&FS and its Ten Trillion-Rupee Maze

Sandeep Hasurkar

Verlag: Rupa Publications (Rupa & Co.), 2020

ISBN 10: 9389967538 ISBN 13: 9789389967531

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NEVER TOO BIG TO FAIL: The Collapse of IL&FS and its Ten Trillion-Rupee Maze

Sandeep Hasurkar

Verlag: Rupa Publications India, 2020

ISBN 10: 9389967538 ISBN 13: 9789389967531

Neu Hardcover

Anbieter: Vedams eBooks (P) Ltd, New Delhi, Indien

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Hardcover. Zustand: New. A company with a debt of nearly Rs one lakh crore collapsed but no one seems to care anymore. Why? India is staring at a financial crisis of apocalyptic proportions in the wake of the pandemic, but the country could have mitigated the impact had it not been in the midst of an economic slowdown caused by the failure of some of the biggest companies. Il&fs was the biggest and the most unexpected failure on this list. The dramatic fall of this low-profile behemoth, which was as sudden as its rise, triggered shockwaves that ripped through financial markets and the economy. Its long-serving Chairman Ravi parthasarathy and his trusted Aides had rapidly grown the operations across India using an astonishing 340 subsidiaries. Their combined borrowing of Rs 1 lakh crore was not just mind-boggling but also difficult to comprehend. Multiple stakeholders, including bankers, bureaucrats and other government authorities helped create an Icarus the infrastructure leasing & financial services limited, which soared higher and higher only to get burnt by its own ambitions. How could so much value, resources and prestige disappear so quickly? Was this a business failure or a fraud?. Artikel-Nr. 136795

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