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IL&FS gets creditors' approval for sale of education business - Moneycontrol

IL&FS gets creditors' approval for sale of education business - Moneycontrol > The transaction marks the latest step towards overall resolution of debt totalling around Rs 94,000 crore. IL&FS Group, on November 12, said it has received approval from creditors for sale of education business to Career Point Publications (CPPPL). Schoolnet India Ltd (erstwhile IL&FS Education & Technology Service) would be sold to CPPPL. The Commi… [+2395 chars]

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