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
By FPJ Bureau
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
By Staff Reporter
As the probe into the alleged default payment involving Kohinoor CTNL venture by the Enforcement Directorate (ED) deepens.
The mayhem in equities market and falling deposit rates have retail investors lapping up corporate debt like never before, if the overwhe...Read More
Sivasankaran in his complaint with the CBI in 2011 had alleged that the then telecom minister Dayanidhi Maran coerced him to sell his sta...Read More
The Central agency is probing loans and equity infusion by Infrastructure Leasing and Financial Services (IL&FS) into Kohinoor CNTL.
Raj Thackeray's former business partners Unmesh Joshi and Rajan Shirodkar, have already been grilled by ED in a case pertaining to the IL...Read More
"Wide divergences were observed between reported and assessed position of assets classification and provisions," the 5th progress report ...Read More
Thackeray's plea came amidst plans of a show of strength by thousands of his supporters and MNS workers from all over the state in Mumbai...Read More
On August 16, the ED had sent summons to Joshi and the Maharashtra Navnirman Sena (MNS) chief, Raj Thackeray, to join the probe to clarif...Read More
The ED is investigating purported irregularities in the IL&FS's loan and investments worth over Rs 850 crore in Kohinoor CTNL, a realty f...Read More
Fadnavis stated that there was no need to create problems for the people. If Raj has done nothing wrong, his party should not create prob...Read More
As the liquidity crunch in the non-banking finance company (NBFC) sector, which came to light with the IL&FS crisis, continues to drag th...Read More
The crisis-ridden IL&FS Group has either laid off or separated 43% employees as a cost cutting measure since its new board was appointed ...Read More
The recent steps by the Reserve Bank to encourage banks to increase lending to non-banking finance companies and retail borrowers are lik...Read More
Crisis-ridden IL&FS has filed a proposal to the National Company law Tribunal (NCLT) to complete the sale of its arm IL&FS Wind Energy Lt...Read More
The National Company Law Tribunal (NCLT) Monday reserved its order in the ministry of corporate affairs (MCA) plea seeking five-year ban ...Read More
While CEOs of two rating agencies have already been forced to go on leave pending completion of the probe on the advice of Sebi.