 "IL&FS")
Debt-laden Infrastructure Leasing & Financial Services (IL&FS) group firms are selling high-end cars, office furniture, electrical appliances and other assets in a bid to raise funds.
The IL&FS and its various group firms have invited bids to sell 36 luxury cars, including brands like Audi, BMW, Jaguar, Mercedes Benz, Land Rover, Honda, Toyota, and Skoda.
IL&FS has set a base price of a little less than Rs 90 million for these vehicles.
In a separate bid document, IL&FS invited bids for lump sum sale of used furniture and white goods on 'as is where is' basis at its properties in Mumbai and Kolkata.
The
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