IL&FS Crisis

IL&FS crisis: Independent directors come under MCA scanner

IL&FS crisis: Independent directors come under MCA scanner

New Delhi: Independent directors of various IL&FS companies are under the scanner of the corporate affairs ministry for alleged lapse...Read More

Sebi may revive rules for tightening defaults in debt MFs

Sebi may revive rules for tightening defaults in debt MFs

Mumbai: Multiple companies have defaulted on their debt papers off late, to which several mutual funds (MFs) had sizeable exposure. To sa...Read More

Swinging sword over Deloitte in IL&FS case, suggests report

Swinging sword over Deloitte in IL&FS case, suggests report

New Delhi: Even as Deloitte Haskins and Sells remains perched precariously on the high wire over its questionable role in the IL&FS a...Read More

Center paid on sovereign guarantees

Center paid on sovereign guarantees

New Delhi: There is a shocking revelation in the IL&FS crisis: it is understood that the government has paid up on sovereign guarante...Read More

The trials and tribulations of financial markets in India

The trials and tribulations of financial markets in India

Over the past few years, the Indian financial sector – especially banks have been under stress. While many non-banking financial companie...Read More

ILFS Crisis: The Great Indian NBFC Circus

ILFS Crisis: The Great Indian NBFC Circus

Contrary to the well-known phrase – ‘Once bitten, twice shy’, Indian regulators and market participants have seemed to have missed it to ...Read More

Rating agencies role in IL&FS mess to come under scanner

Rating agencies role in IL&FS mess to come under scanner

New Delhi: In the wake of IL&FS crisis, there is a need to review role of rating agencies as they continued to rate the NBFC at top n...Read More

Parliamentary panel to  take stock of IL&FS crisis

Parliamentary panel to take stock of IL&FS crisis

New Delhi: The Parliamentary Standing Committee on Finance will take stock of the developments at crisis-hit IL&FS Group for three da...Read More

Over 12 firms show interest in buying two IL&FS units

Over 12 firms show interest in buying two IL&FS units

Mumbai: Debt-laden Infrastructure Leasing & Financial Services (IL&FS) on Monday said it has received more than a dozen responses...Read More

Govt mulls option of selling IL&FS group

Govt mulls option of selling IL&FS group

New Delhi: Sale of debt-ridden Infrastructure Leasing and Financial Services (IL&FS) is one of the options and that seems to be the ‘...Read More

Normalcy to return to system shortly: SBI

Normalcy to return to system shortly: SBI

NEW YORK: In wake of the IL&FS crisis, efforts are underway by the Indian government, RBI as well as SBI to try and stabilise the sys...Read More

Crisis-hit IL&FS may be put on the block

Crisis-hit IL&FS may be put on the block

New Delhi: The government is considering selling Infrastructure Leasing and Financial Services (IL&FS) or divesting some of its asset...Read More

Failure to monitor end use of funds behind IL&FS crisis: Sebi

Failure to monitor end use of funds behind IL&FS crisis: Sebi

Mumbai: Sebi Chief Ajay Tyagi said the failure to monitor the end use of funds was the reason behind the Infrastructure Leasing & Fin...Read More

ICAI panel to study IL&FS systemic issues

ICAI panel to study IL&FS systemic issues

New Delhi: Chartered accountants’ apex body ICAI on Thursday said it has constituted a nine-member panel to study the systemic issues in ...Read More

Government steps to stabilise IL&FS: RBI

Government steps to stabilise IL&FS: RBI

Mumbai:  The RBI welcomed the government intervention in the IL&FS crisis as a “timely move” which has “helped stabilise the situatio...Read More

Government determined to contain IL&FS crisis so that there is no adverse impact: Arun Jaitley

Government determined to contain IL&FS crisis so that there is no adverse impact: Arun Jaitley

New Delhi: Finance Minister Arun Jaitley Thursday said the government is determined to contain the crisis at the IL&FS at the earlies...Read More

IL&FS: Mumbai Congress chief Sanjay Nirupam demands white paper, questions board’s credibility

IL&FS: Mumbai Congress chief Sanjay Nirupam demands white paper, questions board’s credibility

Mumbai: Mumbai Congress president Sanjay Nirupam Thursday demanded a white paper on the debt-ridden Infrastructure Leasing & Financia...Read More

IL&FS Crisis: Rescue may bleed state banks

IL&FS Crisis: Rescue may bleed state banks

Mumbai: The government’s move to take control of debt-laden Infrastructure Leasing and Financial Services (IL&FS) will only succeed i...Read More

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