IL&FS group

Government seeks immunity for directors of IL&FS arms

Mumbai: The government has filed an application with the National Company Law Tribunal (NCLT) seeking immunity for the newly-appointed di...Read More

Various financial irregularities in IL and FS deals: Grant Thornton

Various financial irregularities in IL and FS deals: Grant Thornton

New Delhi: Grant Thornton in its report on debt ridden IL&FS Group has identified various financial irregularities in deals with fina...Read More

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

IL&FS Crisis: Accounts cannot be declared NPA without NCLAT nod

New Delhi: No bank or financial institution can declare the accounts of debt-ridden IL&FS and its group companies as non-performing a...Read More

Ex-brass of IL&FS allowed to withdraw Rs 2 Lakh per month

MUMBAI: The NCLT has allowed the former directors of the crippled IL&FS Group to withdraw Rs 2 lakh each per month from one of their ...Read More

IL&FS group cos climb up to 10pc on divestment initiative to raise funds

IL&FS group cos climb up to 10pc on divestment initiative to raise funds

New Delhi: Shares of IL&FS group companies surged up to 10 per cent Tuesday as it announced its plan to sell equity stakes in its roa...Read More

Govt seeks attachment of IL&FS top execs’ assets

Govt seeks attachment of IL&FS top execs’ assets

Mumbai: The government on Monday sought attachment of properties of a few more directors of debt-ridden Infrastructure Leasing & Fina...Read More

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

L&T drags IL&FS Engineering and Construction to NCLT to recover dues

L&T drags IL&FS Engineering and Construction to NCLT to recover dues

Hyderabad: Infrastructure major Larsen & Toubro (L&T) has filed an insolvency petition against IL&FS Engineering and Construc...Read More

IL&FS looks to sell stake in two clearing arms

IL&FS looks to sell stake in two clearing arms

Mumbai: The board of directors of Infrastructure Leasing & Financial Services (IL&FS) has decided to float expressions of interes...Read More

HDFC profit rises 25 percent in Q2

MUMBAI: Mortgage leader HDFC on Thursday reported a 25 per cent rise in standalone net income at Rs 2,467.08 crore in the three months to...Read More

Tough time ahead for NBFCs as Rs 1.2 Lakh-crore repayments loom

Tough time ahead for NBFCs as Rs 1.2 Lakh-crore repayments loom

Mumbai: Non-banking financial companies in the country have had a tough few months amid the fallout from defaults by one of their own, co...Read More

India Ratings downgrades debt of IL&FS arm

India Ratings downgrades debt of IL&FS arm

Mumbai: In more troubles for the crippled IL&FS group, India Ratings Tuesday downgraded the long-term issuer rating of a group compan...Read More

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IL&FS under regulatory scanner

New Delhi : Crisis-ridden infrastructure conglomerate IL&FS group, once hailed as a pioneer of public-private partnership, has come u...Read More