IL&FS had plans to transfer around a dozen road assets to the InvIT, Roadstar Infra Investment Trust (RIIT). While it has already transferred five of the assets, the transfer of another five is delayed due to legal challenges by lenders and other issues. The process of transferring one asset is progressing, while it has excluded another from the process.
Angel One shares sink 14% in 2 weeks. More pain ahead?
Angel One shares have experienced a significant correction, dropping nearly 14% over the past two weeks and 8% in the last week. After reaching a
December 24, 2024