SoftBank grabs a chunk in India’s wind power pie

SoftBank grabs a chunk in India’s wind power pie

Softbank has bagged the largest chunk of a 1,200 MW wind power tender concluded Friday, which has marked the company’s foray into the wind sector at a time when constraints around availability of land and transmission infrastructure are pressing.

New IL&FS Board pushes for asset-level resolution

New IL&FS Board pushes for asset-level resolution

The crisis in the debt-ridden Infrastructure Leasing and Financial Services (IL&FS) is set to be addressed by undertaking asset-level sale process first before putting in place a plan for a single group-level or vertical-level resolution, sources said.

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