Infrastructure Leasing Financial Services Ltd Il Fs
Business  /  Published 21.07.20

IL&FS lays out road map for debt resolution

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...
By in Mumbai

Business  /  Published 08.06.20

IL&FS sells Gujarat International Finance Tec-City stake

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 ...
By TT Bureau in Mumbai

Business  /  Published 21.04.20

Relief for ex-IL&FS auditors

The Bombay High Court on Tuesday quashed all proceedings of the government against ILF&S former auditors Deloitte Haskins and Sells and BSR and Associates before the National Company Law Tribunal ...
By Our Special Correspondent in Mumbai

Business  /  Published 05.03.20

HSBC files Wind-up petition against IL&FS arm

Global banking giant HSBC has filed a winding up petition in a Singapore court against an overseas subsidiary of IL&FS Transport Services Ltd (ITNL) for recovery of dues totalling more than Rs 1,0...
By PTI in Singapore

Jharkhand  /  Published 04.03.20

Project in slow lane, 1 lakh stare at water crisis

Around 1 lakh residents of Bagbera, Harharguttu and Karandih will have no respite from drinking water crisis this summer because the Bagbera water project is set to miss the deadline once again.Execut...
By Kumud Jenamani in Jamshedpur

Business  /  Published 31.01.20

Early-warning index for NBFCs

The economic survey has proposed an early-warning system — called Health Score — to read the signs of rollover risk problems of NBFCs.A payment default without any prior warning by IL&FS in Au...
By Our Special Correspondent in Mumbai

Opinion  /  Published 31.12.19

Shrinking credit pool

The amount of incremental financial credit available to the commercial sector of an economy is an indication of its health. The lower the increment, the more sluggish the demand from business, reflect...
By The Editorial Board in

Business  /  Published 31.12.19

ILF&S debt recovery

The new board of IL&FS expects the resolution process undertaken by the group to lead to an overall recovery of 50 per cent of its outstanding debt, Uday Kotak, chairman of IL&FS, said on Tue...
By Our Special Correspondent in Mumbai

Business  /  Published 26.12.19

IL&FS fiasco: Sebi fines rating firms

Cracking the whip for their “lethargic indifference”, watchdog Sebi on Thursday slapped a penalty of Rs 25 lakh each on Icra, CARE, and India Ratings & Research in connection with lapses in as...
By PTI in New Delhi

Business  /  Published 18.08.19

Toyota runs below capacity

The Toyota plant at Bidadi in Karnataka, which manufactures the Innova Crysta and the Fortuner, is operating at 90 per cent capacity compared with around 100 per cent utilisation last year. The second...
By Anasuya Basu in Calcutta


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