IL&FS puts 8 Audis, 6 BMWs, 2 Jaguars, 4 Mercedes-Benz on sale
Crisis-hit infrastructure financier IL&FS Group has launched an auction to sell its fleet of 36 luxury cars, which include 8 Audis, 6 BMWs, 2 Jaguars, 4 Mercedes-Benz cars and 1 Lexus. IL&FS has set a base price of nearly â¹9 crore for these vehicles. The group, which has a debt of over â¹90,000 crore, defaulted on multiple obligations this year.