Debt-laden Infrastructure Leasing and Financial Services (IL&FS) Group on Monday announced the resignation of Vineet Nayyar, its exec...Read More
By FPJ Web Desk
Infrastructure Leasing and Financial Services (IL&FS) has sought expressions of interest (EoI) for the 42.25 per cent stake it holds ...Read More
The government through a gazatte notification extended term of Kotak, who is managing director and chief executive officer of Kotak Mahin...Read More
The crisis at diversified IL&FS, whose board was superseded by the government, came to light in September 2018 and since then, the compan...Read More
Markets regulator Sebi on Tuesday enhanced the penalty amount to Rs 1 crore each on rating agencies ICRA and CARE in connection with laps...Read More
IIPL Laos is an "offshore IL&FS entity" in the IL&FS group, which was incorporated on April 24, 2017 under the laws of Singapore for the ...Read More
In its Audit Quality Review Report (AQRR), the NFRA laid down the audit lapses and violations of the KPMG arm as a statutory auditor of I...Read More
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
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