The National Company Law Tribunal has approved state-owned gas utility GAIL (India) Ltd’s acquisition of bankrupt Infrastructure Leasing and Financial Services’ 26 per cent stake in ONGC T...

Raghuram Rajan and Viral Acharya — two former regulators on Mint Street — have slammed the recommendation of an internal working group of the Reserve Bank of India to allow large industria...

The IL&FS group on Monday said Vineet Nayyar has resigned as the company’s executive vice-chairman because of poor health. A statement from IL&FS said Nayyar requested the board to reli...

Infrastructure Leasing and Financial Services (IL&FS) Group expects to resolve over Rs 57,000 crore of its debt, which is more than 50 per cent of its overall debt of Rs 99,000 crore. Of this, th...

According to the company, in order to ascertain market interest and examine the feasibility of maximisation of value in an orderly and transparent manner, the board on Monday initiated the process of ...

Funds flow into equity mutual funds jumped over 31 per cent in October even as markets stayed volatile amid concerns that retail investors will press the panic button.Latest data released by the Assoc...

A Calcutta-based company will complete the state power board’s electrification work in Jamshedpur circle that IL&FS left unfinished following a financial crisis in the infrastructure behemoth. K...

These are gut-wrenching times for those who had in recent years scrambled to buy banking and financial services (BFS) stocks, many of which scaled the valuation charts only to bear the brunt of large-...

Debt-laden IL&FS on Monday said it has completed the sale of its 50 per cent stake in Gujarat International Finance Tec-City (GIFT City) to the Gujarat government, generating over Rs 32 crore for ...

Debt, and not equity, could well be “the author of all your pain”, to quote the steely villain of James Bond film Spectre. For the investor, this is the time to be cautious about debt funds, faced...