{"id":291139,"date":"2019-09-11T05:28:12","date_gmt":"2019-09-11T05:28:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=291139"},"modified":"2019-09-11T05:28:12","modified_gmt":"2019-09-11T05:28:12","slug":"cash-strapped-ilfs-receives-rs-13000-crore-bids-for-road-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cash-strapped-ilfs-receives-rs-13000-crore-bids-for-road-assets\/","title":{"rendered":"Cash-strapped IL&amp;FS receives Rs 13,000 crore bids for road assets"},"content":{"rendered":"<p>The IL&amp;FS Group has received binding bids worth Rs 13,000 crore for its domestic road portfolio, the group said on Tuesday. With a combined debt of Rs 17,700 crore, the bids, if accepted, will need banks to take a haircut.<\/p>\n<p>\u201cIL&amp;FS has received binding financial offers aggregating close to Rs 13,000 crore for 10 domestic road assets. These bids were opened on September 9, 2019,\u201d IL&amp;FS said in a statement.<\/p>\n<p>The statement added, \u201cThe combined value of bids and these claims will help address the cumulative financial debt of Rs 17,700 crore, as of October 2018, in these assets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IL&amp;FS Group has received binding bids worth Rs 13,000 crore for its domestic road portfolio, the group said on Tuesday. With a combined debt of Rs 17,700 crore, the bids, if accepted, will need banks to take a haircut. \u201cIL&amp;FS has received binding financial offers aggregating close to Rs 13,000 crore for 10 domestic road assets. These bids were opened on September 9, 2019,\u201d IL&amp;FS said in a statement. The statement added, \u201cThe combined value of bids and these claims will help address the cumulative financial debt of Rs 17,700 crore, as of October 2018, in these assets.\u201d<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-291139","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=291139"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/291139\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=291139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=291139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=291139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}