Collusion, machinations and alleged links with UPA minister: The dark world of ex-IL&FS chairman unmasked!

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Collusion, machinations and alleged links with UPA minister: The dark world of ex-IL&FS chairman unmasked!

Parthasarathy stepped down in July 2018 on “health grounds” and IL&FS started defaulting in its loan repayment from August. Just next month in September, IL&FS investment-grade “AAA” rating was downgraded to D “Junk” grade by the rating agencies ICRA, CARE.