Financial Chronicle - - FRONT PAGE -

■ Orix was keen on hik­ing its stake in IL&FS ear­lier too. It wanted to in­fuse more funds into it so that IL&FS could meet its debt obli­ga­tions

■ In case, Orix doesn’t get con­trol­ling stake, it would still want to buy out all the projects for which it has part­nered with IL&FS

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