Udayan Sen was an engagement partner of Deloitte Haskins and Sells LLP, which conducted the statutory audit of IFIN for 2017-18.
The revised estimate is well above the 50 per cent mark of the overall debt of over Rs 99,000 crore.
A bench headed by Chief Justice S.A. Bobde and comprising Justices M.R. Shah and A.S. Bopanna said: "We want to penalize the government f...Read More
The Gujarat government has agreed to pay a positive equity value of 100 per cent of the IL&FS stake in GIFTCL, by which, the positive equ...Read More
New Delhi: The National Company Law Tribunal (NCLT) has allowed the debt-ridden IL&FS to sell its 50 per cent stake in the GIFT Cit...Read More
By Staff Reporter
Justice C V Bhadang was hearing an application filed by the Serious Fraud Investigation Office (SFIO), challenging a sessions court's ord...Read More
Cash-strapped Infrastructure Leasing and Financial Services (IL&FS) on Thursday said it has sold its 100 per cent stake in IL&FS Wind Pow...Read More
With multi-pronged strategies in place for IL&FS resolution, the government expects "substantial recovery" against the group's Rs 94,000 ...Read More
By FPJ Web Desk
The organisation has lowered the interest rates from 8.65% to 8.50%
New Delhi: The NCLAT on Wednesday dismissed the pleas of auditors of debt-ridden IL&FS -- Deloitte Haskins & Sells and KPMG arm B...Read More
The Department of Economic Affairs had earlier raised red signals over the likely collapse of IL&FS in a confidential note on September ...Read More
The scam-ridden infra lending major reported revenue of Rs 824 crore, massively down from Rs 1,734 crore in the previous year.
An NCLT bench headed by Bhaskara Pantula Mohan issued the ultimatum while hearing a contempt petition
India did not join the Regional Comprehensive Economic Partnership (RCEP) as the offer was not as much as our aspirations, Union Finance ...Read More
By FPJ Bureau
The independent watchdog for the auditing profession is looking into alleged accounting issues at IL&FS and Infosys, following directives...Read More
Many people attribute the deepening slowdown in consumption to the NBFC crisis that began in September 2018 when IL&FS went belly up foll...Read More
Since the collapse of the key non-banking financial company (NBFC), as many as 421 real estate developers entered bankruptcy court by the...Read More
IL&FS, through its group firms IL&FS Township and Urban Assets and IL&FS Engineering and Construction Company holds a total of 80 per cen...Read More
Mumbai: The bankrupt Infrastructure Leasing & Financial Services (IL&FS) received 14 binding financial bids worth around Rs 13,00...Read More
New Delhi: The loss of fund-raising capability through corporate debt bonds by NBFCs resulted in the gain for public sector financial ins...Read More