Shadow Banks Pulling Back On Loans To Small Businesses: Moody's
Business | Indo-Asian News Service | Wednesday September 11, 2019
Moody's does not expect LAP lending by NBFCs and HFCs to pick-up significantly in the next few months.
IL&FS Receives Bids Of Rs 13,000 Crore For 10 Road Assets
Business | Indo-Asian News Service | Tuesday September 10, 2019
The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers.
IL&FS To Run Gurgaon Metro Till September 17: High Court
Business | Press Trust of India | Monday September 9, 2019
The IL&FS is now facing bankruptcy proceedings in the National Company Law Appellate Tribunal, putting the rail service at risk of closure.
Bail Denied To 2 Former Officials In IL&FS Money Laundering Case
Business | Press Trust of India | Tuesday August 20, 2019
Former joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand, who were arrested in June.
IL&FS May Not Have Disclosed Bad Loans For Years: RBI Report
Business | Thomson Reuters | Wednesday August 14, 2019
The government took control of IL&FS late last year after it defaulted on some of its debt, triggering wider concerns about risk in the rest of the country's financial system.
IL&FS Seeks Tribunal Approval For Sale Of Wind Energy Arm
Business | Indo-Asian News Service | Sunday August 11, 2019
IL&FS had already received approval earlier last month for the sale of its wind energy business from Justice (Retired) DK Jain, appointed by the National Company Law Appellate Tribunal (NCLAT) to supervise the operation of the debt resolution process of the IL&FS group companies.
Deloitte Misreading Law In Challenging 5-Year Ban, Centre Tells Court
Business | Thomson Reuters | Sunday July 14, 2019
The government has said it detected several violations of auditing standards by Deloitte while investigating fraud at IFIN, a unit of IL&FS
Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body
Business | Press Trust of India | Monday July 8, 2019
In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL
Opinion: India's Exotic Funds Are a $40 Billion Time-Bomb For Investors
Business | Andy Mukherjee, Bloomberg Opinion | Wednesday June 19, 2019
Exotic funds, designed for wealthy investors, have grown to $40 billion from nothing in just seven years, expanding by 71% in the 12 months through March
Government Seeks Ban On Deloitte, KPMG Arm For Alleged Auditing Lapses
Business | Thomson Reuters | Tuesday June 11, 2019
The government is seeking to ban Deloitte Haskins Sells and KPMG affiliate BSR & Associates for five years
IL&FS Crisis: Supreme Court Allows Reopening Of Books Of Accounts
Business | Tuesday June 4, 2019
The move by the top court comes as a setback for Hari Sankaran, who had challenged an order by the NCLAT to reopen the past books of IL&FS
RBI Proposes To Introduce Liquidity Coverage Ratio For Shadow Banks
Business | Thomson Reuters | Friday May 24, 2019
The LCR is proposed for all deposit taking NBFCs, and non-deposit taking NBFCs with an asset size of Rs 5,000 crore ($720 million) and above
Ex-Directors Of Crisis-Hit Lending Firm IL&FS Raided By Probe Agency
India News | Reported by Arvind Gunasekar, Edited by Shylaja Varma | Wednesday May 22, 2019
The Enforcement Directrate is carrying out searches at the homes and offices of four former directors of crisis-hit lending firm IL&FS in Mumbai in connection with an alleged money-laundering probe.
Government May Ban Deloitte For 5 Years In IL&FS Case: Report
Business | Indo-Asian News Service | Tuesday April 30, 2019
This extreme action is being warranted after Deloitte's alleged misdemeanours and conduct in the IL&FS case.
IL&FS Operational Creditors Seek Renewal Of Bank Guarantees
Business | Indo-Asian News Service | Thursday April 25, 2019
In its previous, the NCLAT bench said that IL&FS should distribute funds to small creditors, in a manner that 80% of their entitled amounts are paid
ED के सामने पेश होंगे राज ठाकरे
Aug 22, 2019
Worst might be over for Indian stock markets: ILFS
Apr 17, 2009
Shadow Banks Pulling Back On Loans To Small Businesses: Moody's
Business | Indo-Asian News Service | Wednesday September 11, 2019
Moody's does not expect LAP lending by NBFCs and HFCs to pick-up significantly in the next few months.
IL&FS Receives Bids Of Rs 13,000 Crore For 10 Road Assets
Business | Indo-Asian News Service | Tuesday September 10, 2019
The bids for the road assets were opened on September 9 and the IL&FS Board is evaluating these offers.
IL&FS To Run Gurgaon Metro Till September 17: High Court
Business | Press Trust of India | Monday September 9, 2019
The IL&FS is now facing bankruptcy proceedings in the National Company Law Appellate Tribunal, putting the rail service at risk of closure.
Bail Denied To 2 Former Officials In IL&FS Money Laundering Case
Business | Press Trust of India | Tuesday August 20, 2019
Former joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand, who were arrested in June.
IL&FS May Not Have Disclosed Bad Loans For Years: RBI Report
Business | Thomson Reuters | Wednesday August 14, 2019
The government took control of IL&FS late last year after it defaulted on some of its debt, triggering wider concerns about risk in the rest of the country's financial system.
IL&FS Seeks Tribunal Approval For Sale Of Wind Energy Arm
Business | Indo-Asian News Service | Sunday August 11, 2019
IL&FS had already received approval earlier last month for the sale of its wind energy business from Justice (Retired) DK Jain, appointed by the National Company Law Appellate Tribunal (NCLAT) to supervise the operation of the debt resolution process of the IL&FS group companies.
Deloitte Misreading Law In Challenging 5-Year Ban, Centre Tells Court
Business | Thomson Reuters | Sunday July 14, 2019
The government has said it detected several violations of auditing standards by Deloitte while investigating fraud at IFIN, a unit of IL&FS
Mutual Funds Outflow At 1.60 Lakh Crore In June: Industry Body
Business | Press Trust of India | Monday July 8, 2019
In recent months, the mutual fund industry has been grappling with redemption pressure in the wake of debt crises at various groups, including IL&FS, Essel and DHFL
Opinion: India's Exotic Funds Are a $40 Billion Time-Bomb For Investors
Business | Andy Mukherjee, Bloomberg Opinion | Wednesday June 19, 2019
Exotic funds, designed for wealthy investors, have grown to $40 billion from nothing in just seven years, expanding by 71% in the 12 months through March
Government Seeks Ban On Deloitte, KPMG Arm For Alleged Auditing Lapses
Business | Thomson Reuters | Tuesday June 11, 2019
The government is seeking to ban Deloitte Haskins Sells and KPMG affiliate BSR & Associates for five years
IL&FS Crisis: Supreme Court Allows Reopening Of Books Of Accounts
Business | Tuesday June 4, 2019
The move by the top court comes as a setback for Hari Sankaran, who had challenged an order by the NCLAT to reopen the past books of IL&FS
RBI Proposes To Introduce Liquidity Coverage Ratio For Shadow Banks
Business | Thomson Reuters | Friday May 24, 2019
The LCR is proposed for all deposit taking NBFCs, and non-deposit taking NBFCs with an asset size of Rs 5,000 crore ($720 million) and above
Ex-Directors Of Crisis-Hit Lending Firm IL&FS Raided By Probe Agency
India News | Reported by Arvind Gunasekar, Edited by Shylaja Varma | Wednesday May 22, 2019
The Enforcement Directrate is carrying out searches at the homes and offices of four former directors of crisis-hit lending firm IL&FS in Mumbai in connection with an alleged money-laundering probe.
Government May Ban Deloitte For 5 Years In IL&FS Case: Report
Business | Indo-Asian News Service | Tuesday April 30, 2019
This extreme action is being warranted after Deloitte's alleged misdemeanours and conduct in the IL&FS case.
IL&FS Operational Creditors Seek Renewal Of Bank Guarantees
Business | Indo-Asian News Service | Thursday April 25, 2019
In its previous, the NCLAT bench said that IL&FS should distribute funds to small creditors, in a manner that 80% of their entitled amounts are paid
ED के सामने पेश होंगे राज ठाकरे
Aug 22, 2019
Worst might be over for Indian stock markets: ILFS
Apr 17, 2009
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