Infrastructure Leasing & Financial Services
Infrastructure development and finance company headquartered in Mumbai, India / From Wikipedia, the free encyclopedia
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Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company.[5] It was created by public sector banks and insurance companies.
Company type | Public Sector[1] |
---|---|
Industry | Infrastructure Development and Finance |
Founded | 1987 (1987)[2] |
Headquarters | , India |
Key people |
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Website | www |
It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited (ITNL).[6] Its projects include some of the largest infrastructure projects in India including India's longest tunnel, Dr. Syama Prasad Mookerjee Tunnel, which opened for traffic in April 2017.[7] After the company defaulted on its loans in 2018, the Government of India took control of the company and appointed a new board.[8]