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Tuesday, 4 December 2018

Home / Business News: Latest News on Business / Financial News / India Business & World Business News / Stock Markets / Crisis-hit IL&FS to cut 65% jobs to halve wage bill

Crisis-hit IL&FS to cut 65% jobs to halve wage bill

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In its second report on ‘Progress and Way Forward’ submitted to the National Company Law Tribunal (NCLT) and stock exchanges, the new board said that it will be taking up ‘manpower optimisation’ initiatives across the IL&FS Group in two phases.

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