Former IL&FS directors write to Uday Kotak extending support
Former independent directors of crisis-hit Infrastructure Leasing & Financial Services (IL&FS) have written to new Chairman Uday Kotak extending their "complete support" in company's turnaround. This comes a day after the government took control of IL&FS and appointed a new 6-member board. Former independent directors include Maruti Suzuki's RC Bhargava and former IAS officer Michael Pinto.