IL&FS Investment Managers Ltd Friday said non-executive director Vibhav Kapoor on its board has resigned. "We hereby inform that Vibhav Kapoor, non-executive director of the company has resigned as a member of the board of directors," it said in a regulatory filing.

IL&FS Investment Managers non-executive director resigns from board

India's troubled Infrastructure Leasing and Financial Services Ltd (IL&FS) said on Friday that its Board has initiated several austerity measures related to personnel and operating expenses at the company.

IL&FS board initiates austerity measures at troubled company

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IL&FS Investment Managers non-executive director resigns from board

IL&FS board initiates austerity measures at troubled company