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IL&FS Expects To Resolve Nearly 60% Of Debt Despite Pandemic Delays
About 50 per centof the debt is expected to be resolved by March 2021, IL&FS' board has said
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IL&FS May Not Have Disclosed Bad Loans For Years: RBI Report
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.
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IL&FS Seeks Tribunal Approval For Sale Of Wind Energy Arm
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.
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Government May Ban Deloitte For 5 Years In IL&FS Case: Report
This extreme action is being warranted after Deloitte's alleged misdemeanours and conduct in the IL&FS case.
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IL&FS Operational Creditors Seek Renewal Of Bank Guarantees
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
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One-Third Of IL&FS Arm's Lending Unsecured: Report
The Grant Thornton report said auditors noticed 10 regulatory or risk assessment issues by IL&FS in lending Rs 13,290 crore.
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IL&FS To Sell Road Assets Held By Subsidiary
ITNL, which is 73 per cent owned by IL&FS, has more than 40 percent of the total assets of IL&FS.
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Up To 10 IL&FS Group Companies To Be Put On Sale, Says Official
The infrastructure finance company, whose board was superseded by the government early last month after it defaulted on payment dues triggering liquidity concerns, had invited EoIs for two of its units last week in its attempt to turn around IL&FS.
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Centre Fears Funding Deficit Of Rs 1 Lakh Crore In Shadow Banking Sector: Report
Last month, the government took control of IL&FS to protect the financial system and markets from potential collapse, and replaced its board.
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IL&FS Crisis: New Board Initiates Austerity Measures
After its first meeting last week, the newly constituted IL&FS board, said that it would consider all available options to revive the firm.
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Five IL&FS Companies Face Probe For Fund Diversion: Report
The five firms constitute for more than 50 per cent of the entire group's revenue and may have diverted funds in projects that were worth Rs 30,000 crore.
-
IL&FS Expects To Resolve Nearly 60% Of Debt Despite Pandemic Delays
About 50 per centof the debt is expected to be resolved by March 2021, IL&FS' board has said
-
IL&FS May Not Have Disclosed Bad Loans For Years: RBI Report
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
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.
-
Government May Ban Deloitte For 5 Years In IL&FS Case: Report
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
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
-
One-Third Of IL&FS Arm's Lending Unsecured: Report
The Grant Thornton report said auditors noticed 10 regulatory or risk assessment issues by IL&FS in lending Rs 13,290 crore.
-
IL&FS To Sell Road Assets Held By Subsidiary
ITNL, which is 73 per cent owned by IL&FS, has more than 40 percent of the total assets of IL&FS.
-
Up To 10 IL&FS Group Companies To Be Put On Sale, Says Official
The infrastructure finance company, whose board was superseded by the government early last month after it defaulted on payment dues triggering liquidity concerns, had invited EoIs for two of its units last week in its attempt to turn around IL&FS.
-
Centre Fears Funding Deficit Of Rs 1 Lakh Crore In Shadow Banking Sector: Report
Last month, the government took control of IL&FS to protect the financial system and markets from potential collapse, and replaced its board.
-
IL&FS Crisis: New Board Initiates Austerity Measures
After its first meeting last week, the newly constituted IL&FS board, said that it would consider all available options to revive the firm.
-
Five IL&FS Companies Face Probe For Fund Diversion: Report
The five firms constitute for more than 50 per cent of the entire group's revenue and may have diverted funds in projects that were worth Rs 30,000 crore.
